Independent Family Rest. & Income Producing Properties

Warren County, OH

Independent Family Rest. & Income Producing Properties
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Asking Price: Get Financing: $1,100,000

Cash Flow: $248,000

Gross Revenue: $989,000

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Real Estate: $640,000

Established: 1980

*not included in asking price.

Independent Family Rest. & Income Producing Properties

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Business Description

Independent Family Restaurant located in a historic town in Warren County, including all Real Estate. They serve Breakfast, Lunch, and Dinner. Locally owned and operated since 1980. Part of the local community for more than 30 years. High traffic flow & low competition area. Managers in place. All food is made to order and their pies and Lunch Specials are made fresh daily. The restaurant enjoys a loyal customer base and have an excellent reputation for high-quality food and excellent service. Currently, no Liquor License.

Additionally the Real Estate includes rental income from a fully rented (6) multi-unit retail commercial building and a fully rented store and lock facility.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,676
Employees:
5 FT, 27 PT
Facilities:
Free standing building of 3,676 SF. On-site parking as well as street parking. Plus, 6 retail units, fully rented, and 18 store and locks spaces – all fully rented as well.
Support & Training:
Two weeks on-site training provided.
Reason for Selling:
Owners to retire.
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Contact the Seller

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Roland Rapp

Business Listed By:
Roland Rapp

Sunbelt Business Advisors of Southwest OH

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Sponsoring Broker:
Gerry Chadwick, CBI

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