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Full Service Restaurant And Bar

Location  Ohio,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $3400000
Net Profit / Cash Flow  $606000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1995
Number of Employees  50 - 99
Inventory  1200000
Relocatable  Not Disclosed
Number of Employees  50 - 99
Real Estate  Leased
Training  Seller willing to stay for up to 36 months to help with management for nominal fee.
Reason for Sale  Selling due to other business interest that requires proceeds from sale for real estate acquisition.

Description  
Full Service Restaurant and Bar for sale in Central Ohio. It attracts a highly affluent clientele which has helped it weather the economic climate and changes. Both GLBT and non-GLBT customers enjoy this highly popular City destination. The restaurant and bar has a large patio that is popular with its patrons and can be used all year round and enlarges the usable space of the facility. Business will come with established chef, along with long term customers and highly trained staff. The marketing is predominantly done through the internet and also through word of mouth. There could be more print marketing and advertising that could be done for this business to help enhance revenue. The neighborhood around the restaurant and bar is continually growing enjoying a good mix of diversity. There is more room for growth and opportunities to increase food price and maximize breakfast options as well as late night food. The business could also expand to provide more catering options for customers. There are always more opportunities to grow the business. Seller is selling due to other business interest that will require proceeds of the business for real estate acquisition.


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