BUSINESS FOR SALE R-2622

DRIVE-THRU, WEST SIDE CINCINNATI, OHIO

Offered for sale is a Drive Thru operating out of a free standing building located on the Westside of Cincinnati.

The drive-thru provides in car service selling pop, beer, cigarettes, tobacco products, other non- alcohol products, wine and other liquor under 42% proof. The drive thru has a C-1, C-2 and D-6 (Sunday sales) liquor license.

Highlights:
• Currently monthly sales of over $60,000 and growing
• Free standing building of 1,196 sq. ft.
• Excellent opportunity for increased sales due to a restaurant being built close-by
• Revenue is up 30% in 2019 YTD - compared the 2018 comparable period

Reason for sale:

The owner Is moving out of state.

Purchase Price:

The business and real estate is being offered as an asset sale including the land, building and business assets for $219,000, free and clear of debt and liabilities, plus the value of the inventory at closing (around $15,000). The purchase includes a C-1, C-2 beer and wine license.

P&L SUMMARY:Jan 1-Aug 31 2019Jan 1-Aug 31 2018201820172016 Prior Owner Tax Return
Total Revenue        442,147         340,076        531,034 Current Owner       529,386
Gross Profit         95,062          68,151        124,174 Purchased 11/2017       157,962
ACF         57,785          31,880          63,875         69,145
ACF: Net Income / Cash Flow of the business before owner salary, perks, interest & depreciation.
NOTE: The Owner spends 10-15 hours per week scheduling, ordering, bookkeeping off site. Employees cover operating the drive-thru.

 

DETAILED OFFERING MEMORANDUM IS AVAILABLE
For Further Information Contact:
KEATE PARTNERS, LTD.
1095 Nimitzview Dr. Suite 201
Cincinnati, OH 45230
(513) 241-3700 Fax (513) 672-9386
www.keatepartners.com
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