Iconic Bar Downtown Cincinnati

Cincinnati, OH (Hamilton County)

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Asking Price: $420,000

Cash Flow: $200,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: $7,800

Rent: $8,000 /Month

Established: 2010

Iconic Bar Downtown Cincinnati

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Business Description

This is an excellent opportunity to purchase an long-established iconic bar in a great location in Downtown Cincinnati, Ohio. This location is surrounded by lots of businesses that produces great foot traffic. Right on the street-car route for easy transportation. Popular night life spot on a main retail strip. Attractive, facility with a full-service bar and kitchen equipped for happy hour small bites.

Detailed Information

Location:
Cincinnati, OH
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,350
Lease Expiration:
4/30/2026
Employees:
19
Facilities:
Beautiful facility, eclectic art from local artists – upscale decor but cozy and comfortable with booth and table seating. 2 DJ booths and VIP Lounge, large bar area has an extended bar and table/booth seating.
Competition:
Competitive market, but area competition is a draw to the area and creates more customer traffic. Good happy hour and night business. Several customer draws in the area.
Growth & Expansion:
Closed on Sundays and Mondays- option to open and increase event list and sales.
Financing:
With qualified buyer
Support & Training:
Owner will provide some onsite training during acquisition period as needed. Option for owner to stay on long term as consultant.
Reason for Selling:
Owner moving onto other business interests
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(from currently available funds)
 
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Gabriela Costantini

Business Listed By:
Gabriela Costantini

3CRE Commercial Real Estate

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