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Local Restaurant & Tavern

Wayne County, Ohio

Asking Price: Gross: Cash Flow:
$299,000 $867,437 $148,144

Furniture and Fixtures Value:
$80,000 (included in the asking price)

Inventory Value:
$13,500 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
This is where the locals go! Full-service restaurant and bar located in small town Ohio. They are known for their extensive menu featuring fresh casual American fare, excellent drinks, and friendly service. They also hosts live music on some weekends. This restaurant has little competition and comes with the only D-5, D-6 liquor license in town! This business vaunts excellent cash flow and significant potential for growth. This opportunity is perfect for an owner/operator.

 
   
   
Year Business was Established: 2019
   
Number of Employees: 6 FT/15 PT  
   
Facilities / Terms of Lease: Primary Space: 3,300 Square Feet $24,000 per year ($2,000 Monthly) Water, sewer and trash included. Lease is Month to Month.  
   
Potential Growth/Expansion: Expanded hours on Sunday and for breakfast. Increased online presence and 3rd party delivery.  
   
Competition: Little competition.  
   
Owner willing to finance: Lender pre-screened with $29,900 down.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
 

 

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