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.
• 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.
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 2019||Jan 1-Aug 31 2018||2018||2017||2016 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
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