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Short North/Arena District Restaurant

Columbus, OH (Franklin County)

Restaurant & Bar
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Asking Price: $300,000

Cash Flow: N/A

Gross Revenue: $1,200,000

EBITDA: N/A

FF&E: $900,000

Inventory: $10,000*

Rent: $11,000 /Month

Established: 2017

*not included in asking price.

Short North/Arena District Restaurant

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Business Description

An unbelievable, first-class opportunity of a newer Restaurant & Bar in the Downtown Columbus Arena District & Short North Area. This is an outstanding Corporate, Chain or multi-unit ownership location. It is extremely confidential and will require a principal completed Confidentiality/Non – Disclosure Agreement which I am happy to provide upon request. The business is located in +/- 5,000 SF with outstanding amenities, full-service kitchen, patio and full City of Columbus D5 & D6 Liquor License. The rent is commensurate with the area. The completed price of the operation is well in excess of $900,000. It now is on the market for less than half the original investment at $300,000 and the ownership group is motivated. This is a strong and unique opportunity that can be easily adapted to any theme, motif or concept and is an ideal Chain type location.

There are 8 years remaining on the Lease and the lease rate with CAM charges is approximately $11,000/month.

Detailed Information

Location:
Columbus, OH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
11/30/2027
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Absolutely first class AAA location with extensive amenities
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Greg J. Hrabcak, CCIM

Business Listed By:
Greg Hrabcak

HER Commercial RE Services

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