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Gabby's Place Bar and Restaurant

Delaware, OH (Delaware County)

Gabbys Place
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Asking Price: $80,000

Cash Flow: $55,000

Gross Revenue: $565,000

EBITDA: N/A

FF&E: N/A

Inventory: $60,000*

Real Estate: $269,000*

Established: 1991

*not included in asking price.

Gabby's Place Bar and Restaurant

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Business Description

PRICE REDUCED $40,000 - $20,000 on RE and $20,000 on Business !!! Confidential Offering - **Please be discreet and do not disturb the ongoing business or employees** Gabby's Place Bar and Restaurant an iconic Delaware business and location at Bunty Station Road and SR 315. Established approximately 70 years with current owner the past 28 years!! Features ''Delaware's finest Stromboli'', Salads, Subs, Wings, and Beer and Wine Carryout plus! Bar is Beer and Wine sales only. Only liquor license in Delaware Township! Approximately 2010 SF and patio in front on Olentangy River Road. Loyal clientele and well established. Sales volume is excess to $550K and profitable. MUST be sold in conjunction with the Real Estate which is priced at $269,000 and asking price of the package is $349,000. Financials available to qualified buyers with signed Non - Disclosure Agreement. Iconic - loyal clientele !!! May be possible to get on ballot for full liquor license. Carry - out/Grocery at this location for 70 plus years. Real Estate features 2,010 square feet on just under .6 acres at high traffic corner on SR 315

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Detailed Information

Location:
Delaware, OH
Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,010
Employees:
8
Facilities:
2,010 SF freestanding building with Carry Out/Kitchen on one side and Bar/Restaurant on the other side. Patio out front of Bar/Restaurant side. Ample parking on .6 acre lot at corner of Bunty Staton and Olentangy River Road (SR 315) just south of SR 23 & 315 traffic light.
Support & Training:
1 - 2 weeks
Reason for Selling:
Retiring after 28 years of ownership !!
Business Website:
http://gabbysplacedelaware.com
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Greg J. Hrabcak, CCIM

Business Listed By:
Greg Hrabcak

HER Commercial RE Services

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