Landmark Bar | Restaurant • Business + Real Estate • SBA Eligible
Business Description
Decades of community goodwill and recognition
A rare opportunity to acquire both a thriving, community-rooted bar and restaurant operation AND the freestanding real estate it sits on — together, as a single SBA-eligible package. This is not a typical business-only acquisition. You are buying a complete hospitality platform: an established operating business with decades of brand equity, plus a 3,339 sq ft freestanding commercial property with dedicated parking and exceptional visibility in a high-traffic Northeast Ohio corridor.
The investment is structured in two clearly defined components: Business Assets at $600,000 and Real Estate at $650,000 — for a combined acquisition price of $1,250,000. This structure is intentional. It creates one of the most favorable SBA financing profiles available in today’s market.
THE REAL ESTATE ADVANTAGE - Most buyers instinctively compare business acquisition prices as a multiple of earnings. That lens works for business-only deals. When real estate is included, the math changes — and it changes in the buyer’s favor.
Because the SBA treats real estate as long-lived collateral, acquisitions that include real estate qualify for 25-year loan amortization — versus 10 years for a business-only purchase. That extended term translates directly into a lower monthly debt service payment, better cash flow from day one, and a stronger debt coverage ratio for lender approval. A qualified buyer with 20% down ($250,000) can finance this acquisition at approximately $8,052 per month — a fully manageable obligation against the established revenue base of this business.
The real estate associated with this offering is listed for sale by Realty Professionals, a licensed Ohio real estate brokerage. All real estate brokerage services related to this property are provided exclusively through Realty Professionals. Cooperation with properly licensed real estate brokers is welcomed.
The investment is structured in two clearly defined components: Business Assets at $600,000 and Real Estate at $650,000 — for a combined acquisition price of $1,250,000. This structure is intentional. It creates one of the most favorable SBA financing profiles available in today’s market.
THE REAL ESTATE ADVANTAGE - Most buyers instinctively compare business acquisition prices as a multiple of earnings. That lens works for business-only deals. When real estate is included, the math changes — and it changes in the buyer’s favor.
Because the SBA treats real estate as long-lived collateral, acquisitions that include real estate qualify for 25-year loan amortization — versus 10 years for a business-only purchase. That extended term translates directly into a lower monthly debt service payment, better cash flow from day one, and a stronger debt coverage ratio for lender approval. A qualified buyer with 20% down ($250,000) can finance this acquisition at approximately $8,052 per month — a fully manageable obligation against the established revenue base of this business.
The real estate associated with this offering is listed for sale by Realty Professionals, a licensed Ohio real estate brokerage. All real estate brokerage services related to this property are provided exclusively through Realty Professionals. Cooperation with properly licensed real estate brokers is welcomed.
About the Business
- Years in Operation
- 92
- Employees
- 3
- Facilities & Assets
- Long-established and deeply rooted in its local community, this full-service bar and restaurant has operated under consistent ownership for decades. It is not a startup. It is not a turnaround. It is a functioning, staffed, revenue-generating operation with $1,000,000+ in annual sales, a loyal repeat customer base, and deep community goodwill that simply cannot be replicated by a new entrant.
- Market Outlook / Competition
- The business enjoys a number of sustainable competitive advantages that have been developed over many years of successful operation. Its longstanding reputation within the community has created exceptional goodwill, resulting in a loyal customer base, strong repeat business, and broad market recognition. This established presence provides a significant advantage over new entrants and allows the business to maintain a consistent level of customer traffic and community support.
In addition to its strong brand equity, the opportunity includes ownership of the underlying real estate, providing long-term site control and eliminating the uncertainty of future lease negotiations. - Opportunities for Growth
- A new owner will inherit a well-established operation with numerous opportunities to accelerate revenue growth and enhance profitability from day one. The business currently operates with untapped capacity, including being closed on Sundays, creating an immediate opportunity to increase weekly sales through expanded operating hours. Its strong reputation within the community also provides an excellent foundation for growing higher-margin revenue streams such as private events, catering services, and strategic partnerships with local organizations, schools, and businesses.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,339
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 4 weeks
Listing Info
- ID
- 2507788
- Listing Views
- 378
Listing ID: 2507788 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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