Local Neighborhood Favorite Restaurant For Sale

Cincinnati, OH (Hamilton County)

Local Neighborhood Favorite Restaurant For Sale

Asking Price:$125,000

Cash Flow:$60,000

Gross Revenue:$387,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2008

Local Neighborhood Favorite Restaurant For Sale

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Business Description

Established in 2008, this 110 seat neighborhood restaurant has quickly become a local favorite. Serving a large menu of breakfast and lunch favorites including home made soups and specialty salads. The restaurant enjoys a large, loyal and diverse client base.

Located in an up and coming neighborhood that has seen a large volume of investment in residential housing and small business facilities. In addition to all the past investment, there are two major residential/mixed use developments that will be starting this year. This is a great time to get in ahead of all the additional development.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
10
Facilities:
All furniture, fixtures, equipment and inventory are included. 5000 square foot building with plenty of storage and a large adjacent parking lot.
Competition:
Prime location in the middle of a vast revitalization of an established neighborhood. Only full service, full menu, breakfast and lunch establishment in the area. Daily emails to 900 guests are sent every morning describing daily specials, soups of the day and any other special notifications or specials.
Growth & Expansion:
New owner could easily raise revenues by adding some evening hours and expanding the delivery, catering and private party aspects of the business. In addition there are currently two large projects in the works that will increase the local residential population even more.
Financing:
Month to month lease of building, new owner would be able to negotiate new lease
Support & Training:
Two weeks of support/training are included. If more time is needed, owner would be willing to negotiate.
Reason for Selling:
Owner transitioining into a different business sector.

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Business Listed By:
Kenneth Kuley

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