Restaurant and Bar for Sale

Newark, OH (Licking County)

Restaurant and Bar for Sale
Contact Seller

Asking Price: $355,000

Cash Flow: N/A

Gross Revenue: $500,000


FF&E: $125,000

Inventory: $3,000*

Rent: $2,700 /Month

Established: 1970

*not included in asking price.

Restaurant and Bar for Sale

Save Print Share Valuation Report

Business Description

This is an excellent opportunity to purchase an long-established iconic Newark restaurant / bar in a great location in Newark, Ohio. This restaurant's sales have topped $1,000,000. Attractive, remodeled facility with a dining room, full-service bar and fully-equipped kitchen. Full liquor license.

Detailed Information

Newark, OH
Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
8 FT, 12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Beautiful facility - upscale, decor but cozy and comfortable with booth and table seating. Bar area has bar and table seating.
Competitive market, but area competition is a draw to the area and creates more customer traffic. Good daytime and night business. Several customer draws in the area.
Growth & Expansion:
Area is resurging and traffic is increasing. Opportunity to reestablish the iconic restaurant and build sales with installation of a popular menu.
No seller financing available. Cash sale only.
Support & Training:
Owner will train buyer and provide transitional assistance(not included in sale price).
Reason for Selling:
Owner has other business interests.
Contact Seller

Contact the Seller

(from currently available funds)
Contact Seller Loading

Robert Welcher

Business Listed By:
Bob Welcher

RCI Business Brokers

Show Phone Number

View My Listings

Listing Statistics


Demographic Information


Ad#:1631714 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Lean Kitchen Company

Franchise Opportunity
Cash Required: $75,000