Upscale Restaurant Bar & Grille

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Fast Paced with Nice Profits!
Asking Price:
$325,000

Gross Revenue:
$1,051,332
Cash Flow:
$143,822
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$75,000
included in asking price

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Business Description

Beautiful setting with excellent food and spirits! Facility can hold banquets, business meetings, along side the normal retail traffic! Over 5000 square feet to work with and full liquor licensing. Business projects $1 MM - $1.2 MM in sales per year with seller discretionary earnings estimated between $175k - $200k. Seller financing is available as well. Contact us for more information!

About the Business

Year Established:
2012
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
5,300
Lease Amount/Mo.:
$5,500.00
Market Outlook/
Competition:
There are a few other smaller bars in the area, but few that can compete with the accommodations bar and grille can provide.
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About the Sale

Reason For Selling:
Family Obligations
Training/Support:
4 weeks
Seller Financing:
125000

Listing Info

ID:
1393586
Ad Detail Views:
2470

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$
months
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Business Listed by

Michael Abernathy

Transworld Business Advisors

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U.S. Census Data for Summit County, OH
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Summit County, OH
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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