Turn Key Bar & Grill with 800K+ Gross Annualy

Mansfield, OH (Richland County)

Seller Financing Available
Halloween Party
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Asking Price: $189,000

Cash Flow: N/A

Gross Revenue: $800,000

EBITDA: N/A

FF&E: N/A

Inventory: $12,000

Established: 2018

Turn Key Bar & Grill with 800K+ Gross Annualy

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Business Description

Full Liquor License, with additional store front Kitchen

Open to discussion on further details for Serious inquiries. Thanks in advance. Lease (1500 Month + Tax/Insurance) Includes building purchase option at 225K

Detailed Information

Location:
Mansfield, OH
Inventory:
Included in asking price
Employees:
12
Facilities:
Full Liquor and Food License. Indoor Bar, Separate frontage for restaurant and massive outdoor patio with stage
Competition:
Turn key with all the bells and whistles, was ran by an inexperienced owner that learned on the go. Bring your knowledge and hard work and this can be a better investment for you. I have Profitable tax returns from 2018 available for serious inquiries only. Mansfield is an area where bars flourish because our area has a great lack of entertainment options. Outdoor live music and a dinner goes a long way here.
Growth & Expansion:
Purchased the bar 14 Months ago, was open for nearly 25 years. They were doing roughly 550K Annually. Our First Year broke 800K unfortunately a fight that lead to someone being hurt cut the business down and a rebrand and new faces behind the business is whats needed. I Have 275k in the project and am willing to take a haircut to obtain the option to move to Florida ahead of schedule.
Support & Training:
Training at no charge for up to 2 Weeks
Reason for Selling:
Owner Moving to Florida
Business Website:
http://www.facebook.com/patioonpark
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Business Listed By:
David Harmon

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