Sale Drive Thru And Restaurant / Bar
Location Ohio,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1080000
Net Profit / Cash Flow $72000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 6 - 9
Inventory 57000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Assist new owner with training.
Reason for Sale Retiring.
Description Restaurant for sale is an LLC which was started in 2004. A modern Kitchen with new equipment from Wasserstrom Restaurant supply, new bathrooms, new central heating and cooling and new electrical service was added. The dining area was completely remodeled. This is a restaurant serving American, Mexican and Chinese cuisines. There is a relaxing atmosphere for local dining that provides music, TV and booth or table seating. Seating is available for 40 people along with access to the bar for dining and drinking.
Bar is an LLC started in 2006. For several years it has provided malt and beer beverage products along with wine coolers and draft beer. Along with dining and drinking, special events occur on different nights of the week. Lottery tickets are sold and keno has recently been added. In 1999, Drive Thru was started as a Limited Liability Company (LLC). It sells beer, wine and liquor (40 proof or less) along with a limited amount of snacks and other food products. This Drive Thru is the number one Drive Thru in four counties.
All three businesses have a security system. In 2006 all wiring was updated and an electrical box was installed for the Drive Thru. A total of 5500 sq ft. is divided as: 1500 for Sammy's Box Seat Cafe, 1600 for the Cactus Club and 2400 for the Oasis Drive Thru. The building is located on 1/3 of an acre. Additionally, the businesses hold four liquor licenses that secure much of the market toward this complex. The Bar and Restaurant both have Internet web sites. We have installed ODOT freeway signs on Interstate 71 for the Restaurant. We feel this is a good location for these businesses as Columbus is growing North and these businesses are poised for that growth. Growing area
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