Restaurant on Valuable Real Estate

Tipp City, OH (Miami County)

Restaurant on Valuable Real Estate

Asking Price:$600,000

Cash Flow:$70,000

Gross Revenue:$620,000

EBITDA:N/A

FF&E:$50,000

Inventory:$10,000*

Real Estate:$650,000

Established:1988

*not included in asking price.

Restaurant on Valuable Real Estate

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Business Description

Restaurant on Valuable Real Estate

The restaurant has been family run diner in Tipp City Ohio for 50 years. The current owners have run the family restaurant for over 26 years. Location, Location, Location. The restaurant is on the intersection of I75 and 571. Great visibility, great signage, great location…..Land and Building for redevelopment!!!
One of a kind Highway corner Ideal for a Sports Bar, Fast Food restaurant, Coffee shop, Donut Franchise, Pizza parlor, small strip center…….

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full Service restaurant on over 2 acres with I75 Highway Visibility and signage, occupancy permit of 140. The property may have higher value as a land lease or in redevelopment.
Growth & Expansion:
Liquor licenses are available in this city.
Reason for Selling:
Retirement

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Kenneth M. Hattan

Business Listed By:
Kenneth M. Hattan

Acquisition Services Inc.

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Memberships & Certifications:
Indicates membership in the Ohio Business Brokers Association (OBBA).

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