Drive-Thru, West Side of Cincinnati, OH

Cincinnati, OH (Hamilton County)

Drive-Thru, West Side of Cincinnati, OH
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Asking Price: $219,000

Cash Flow: $82,000

Gross Revenue: $625,000

EBITDA: N/A

FF&E: $50,000

Inventory: $15,000*

Real Estate: N/A

Established: 2017

*not included in asking price.

Drive-Thru, West Side of Cincinnati, OH

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Business Description

BUSINESS FOR SALE R-2622

DRIVE-THRU, WESTSIDE CINCINNATI, OHIO

Offered for sale is a Drive Thru operating out of a free standing building located on the Westside of Cincinnati.

The drive-thru provides in car service selling pop, beer, cigarettes, tobacco products, other non- alcohol products, wine and other liquor under 42% proof. The drive thru has a C-1, C-2 and D-6 (Sunday sales) liquor license.

Highlights:
• Currently monthly sales of over $60,000 and growing
• Free standing building of 1,196 sq. ft.
• Excellent opportunity for increased sales due to a restaurant being built close-by
• Revenue is up 30% in 2019 YTD - compared the 2018 comparable period

Reason for sale:

The owner Is moving out of state.

Purchase Price:

The business and real estate is being offered as an asset sale including the land, building and business assets for $219,000, free and clear of debt and liabilities, plus the value of the inventory at closing (around $15,000). The purchase includes a C-1, C-2 beer and wine license.

Detailed Information

Location:
Cincinnati, OH
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
1,200
Employees:
5 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Real Estate is included
Competition:
Limited
Growth & Expansion:
Increased traffic likely due to restaurant being built next door.
Support & Training:
As needed.
Reason for Selling:
Moving out of state
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Business Listed By:
Wayne Corney

Keate Partners, Ltd.

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