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Full Service 2 Unit Restaurant

Cincinnati, OH (Hamilton County)

Full Service 2 Unit Restaurant
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Asking Price: $1,410,000

Cash Flow: $537,000

Gross Revenue: $4,291,000

EBITDA: $537,000

FF&E: $500,000

Inventory: N/A

Rent: $0.00

Established: 2010

Full Service 2 Unit Restaurant

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Business Description

Exceptionally operated

With average sales volume exceeding $4,000,000 and owner earnings exceeding $500,000 the past 3 years, this retirement aged seller is poised to transition this well-established and unique restaurant concept to an excited buyer. Two recent actions taken by management will surely bode well for future sales – changing to a new online ordering platform and a new catering menu. The business is offered as an asset purchase, free and clear of debt. Seller will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

Full liquor license
SBA loan qualified
High quality employees
Experienced management in place
Family friendly with unique environment
Well known with established name and reputation
Excellent books and records – all numbers are verifiable
Price includes all equipment with initial purchase value of $1,000,000

Detailed Information

Location:
Cincinnati, OH
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Both facilities exceed 6,000 square feet each with abundant parking and are very attractively decorated. In addition, both locations are close to high drive time populations, large employers, high median household incomes, and great visibility.
Competition:
Management is well aware of the competitive nature of the restaurant industry and has done a great job staying ahead of the competition with robust advertising and marketing programs.
Growth & Expansion:
Growth will be achieved through the new online ordering platform and the new catering menu along with expanding social media and digital advertising.
Support & Training:
The seller will train in all aspects of the business and will be available to ensure a smooth transition.
Reason for Selling:
The seller is of retirement age and wishes to fully retire.
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Dan Long

Business Listed By:
Dan Long

Cincinnati Business Brokers

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