Trendy Harbourtown Restaurant and Bar Opportunity

Erie County, OH

Seller Financing Available
Blackened Lake Erie Perch
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Asking Price: $475,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $295,000

Established: 2013

Trendy Harbourtown Restaurant and Bar Opportunity

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Business Description

Trendy Harbourtown Restaurant with 36-seat granite bar and 14 craft beer taps, cozy dining seating and stage for local entertainment. Put your stamp on this establishment, as the potential has only begun with a patio in the back, catering services and ever growing curb-side to go with our local boating community.

Established in 2013, providing a unique pallette of food including "Farm and Lake to Table Fresh Plates" with tasteful creations for our gluten-free and vegetarian/vegan clientele. This Harbourtown enjoys hearty meals and cherishes fresh fish, so you will find Lake Erie Blackened Perch, Prime Rib and Lobster Mac'n'cheese jump to the top of our most popular dishes list. Pairing these favorites with our 14 craft beers, select wines, old-fashioned cocktails and our house cured barrel aged whiskey is also very popular (and another profit avenue).

HIGH Traffic area (13,100 vehicles/day) - sits on corner where new traffic light and controlled crosswalks were installed summer 2018.

Liquor License - D1, D2, D3

Limit risk by owning building and property - controlling your own expenses. Make capital improvements based on your schedule and financial situation - not your landlord's.

Detailed Information

Location:
Erie County, OH
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,400
Employees:
10
Facilities:
This casual upscale gathering place has a 36-seat granite bar in the center of the room. Another 50+ seat dining area surrounds the bar, including a stage that can be used as entertainment or a featured chef's table that sits right outside the kitchen. January 2017 closed for two weeks to upgrade quarry tile flooring in kitchen, pantry and behind bar.
Competition:
This Lake Erie treasure is the perfect location to supplement the already outstanding mix of bars and restaurants. Competition is complementary and this location offers the ideal opportunity to expand the treasures this foody Harbourtown Mecca has already begun. Opportunities abound to put your stamp on this diverse food destination.
Growth & Expansion:
Many opportunities for growth - catering, curb-side to go (Uber), on-line ordering (GrubHub), catering to fisherman (boxed lunches), business events in-house, bulk sales in soup and sides. Patio is small but cozy and dog friendly in a dog friendly town. Huge basement has potential for private parties or as a private club. Land extends far beyond the current parking lot with access to a vacant (unowned) lot for possible volley ball, bocce ball, tiki bar or whatever you imagine.
Financing:
Negotiable
Support & Training:
Owners will remain on-board for a 3 month transition period. Utilize iPad POS and financial analysis system.
Reason for Selling:
Owner taking on other business ventures
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