5-6 Licensed Bar & Grill

Cuyahoga County, OH

Seller Financing Available
5-6 Licensed Bar & Grill
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Asking Price: $195,000

Cash Flow: N/A

Gross Revenue: $499,000

EBITDA: N/A

FF&E: $45,000

Inventory: $5,000*

Rent: $3,100 /Month

Established: 1962

*not included in asking price.

5-6 Licensed Bar & Grill

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Business Description

A remarkable Bar and Grill, high gross, high net, prime location, high visibility, profitable and well-known. Where good times are always on tap, offering a unique approach, its cheerful atmosphere makes this the go-to place, enjoy a cold beer or hang out with friends, munch delicious, mouth-watering menu, lots of draft and bottled beers, an extensive spirit selection, huge attractive fenced patio & bar, it’s a modern paradise of green space. If listening to live music is your thing, provides just that on the patio every Saturday with varying musical genres, tables, colorful umbrellas, TV’s and outside games, like socializing in your own backyard. The patio can seat approximately 60 people comfortably, hosts a number of outings where groups can reserve the patio.

Attached Documents


Detailed Information

Location:
Cuyahoga County, OH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
On the one hand, this establishment is the most traditional of watering holes. It is the most historic bar in North Royalton, having been established in 1962, nearby South Park Shopping Center. Truly a turnkey operation and something you would be proud to say you own, 3,000 SF with D 5-6 liquor license, great "bar and burger", Lottery sales, this place is a money maker, gross sales over 9,500 weekly. Seller is motivated will consider some financing or SBA financing, it’s depressing, it’s his lost but can be owner operator dream.
Competition:
This is a competitive industry, but this business separates itself from the competition by providing excellent services and convenient location. Where the market information flows freely, competition plays a regulatory function in balancing demand and supply. Non-Disclosure Agreement (NDA) is required before financials are provided.
Growth & Expansion:
Prospective buyers will have to determine the growth and expansion Pros and Cons through their own due diligence. The information presented was from sources deemed reliable, but the buyer should provide their own degree of care that a prudent person would exercise.
Support & Training:
Seller will provide training as required by buyer during transition period and additional telephone support to ensure a smooth transition including an experienced staff.
Reason for Selling:
Retirement
Business Website:
http://wwuysell.comw.bsnb
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Contact the Seller

(from currently available funds)
 
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Rick Farina Jr.

Business Listed By:
Rick

Business Solutions Network

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