Stunning Restaurant Operation in West Chester

West Chester, OH (Butler County)

Seller Financing Available
Stunning Restaurant Operation in West Chester
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Asking Price: $295,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $100,000

Inventory: $15,000*

Rent: $5,000 /Month

Established: 2017

*not included in asking price.

Stunning Restaurant Operation in West Chester

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Business Description

Recently remodel retail location - previous use was retail clothing store. Beautiful higher end finishes with a well thought out dining room and kitchen design.

This restaurant operation is located in one of West Chester's premeir shopping complex. The general market has restaurants like Cameron Mitchell's Ocean Club, P.F Changs, Bravo's Italian, and many more. In surrounding market, Top Golf, Main Street Entertainment. AMC Theater, and Ikea have become the primary draws to the area. With these established customer builders in the market, there has been a very nice influx of unique and diversified restaurant operations. This restaurant has established itself in that niche and continues to grow.

West Chester Township is one of the thirteen townships of Butler County, Ohio, United States, located in the southeastern corner of the county. It is situated between Sharonville and Liberty Township, about 18 miles north of Cincinnati, and is included in the Cincinnati Metropolitan Area. Exits 19, 21 and 22 off Interstate 75 serve West Chester. It is the most populous township in Ohio, with a population at the 2010 census of 60,958.

Attached Documents


Detailed Information

Location:
West Chester, OH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
7/1/2021
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Dining Room currently seats 130 people, but can meet capacity of 170. Use space is 2,300 SF in Dining room and guest areas. Kitchen has 1,700 SF of use space and includes a long 20 ' hood with Ansul System. Additional Kitchen amenities include large walk-in cooler, dishwashing area, all necessary equipment for food preparation and production. Spaces has 3 - 7.5 ton HVAC units (including one in the kitchen that was installed by the current owner). Beautifully designed bar with seating for 10 has gorgeous wood finishes. Liquor Permit is a D1, D2, D3 Current owner / developer invested nearly $500,000 in remodeling and development of this concept. Great location for an owner / operator to take over this business and move it up to the next level. Great option for an incoming concept to acquire a well built location that would require minimal modifications to incorporate an expanding concept. Landlord will require incoming operator to meet specific credit and concept criteria.
Competition:
Limited competition in current market segment, with a strong local draw to the entertainment aspects of the area.
Growth & Expansion:
High profile area and space. Excellent spot for expanding or incoming concepts. Current concept has proven capabilities and can grow significant sales volumes with the addition of off-site catering.
Financing:
With qualified buyer
Support & Training:
Owners will provide on site training for similar or current concept acquisition.
Reason for Selling:
Has other established business that requires full-time attention
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(from currently available funds)
 
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Brett Post

Business Listed By:
Brett Post

3CRE Advisors

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