BUSINESS FOR SALE F-2627

DOWNTOWN/OTR UPSCALE DINING

Available for purchase is a well-established and known Downtown/OTR area upscale dining restaurant.

INVESTMENT HIGHLIGHTS

• Long established business in its industry/marketplace
• Lots of opportunity to even further increase sales
• Top rated restaurant; multiple positive reviews
• One of the most ideal locations in the city
• High end build-out and extreme attention to culinary detail
• Highly efficient system in place with long tenured head chef
• D5-D6 Liquor License

REASON FOR SALE: Retirement

PURCHASE PRICE:

The purchase price for all business operations, including furniture, fixtures, equipment and inventory (which will adjust up or down at time of close), free and clear from liability is $1,150,000.

 

P&L SUMMARY:2019 (7mo's)20182017
Total Revenue              965,245           2,059,140           1,896,697
ACF*              232,639              368,162              388,608
ACF: Net Income / Cash Flow of the business before owner salary, perks, interest & depreciation.
ASSETS INCLUDED IN PURCHASE:
Furniture, Fixtures, Equipment, Liquor License (est. FMV)              225,000
Inventory          30,000
Total        255,000

 

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
Business Sales · Mergers · Acquisitions · Valuations

Return to Business Listings

Contact us about listing F-2627

Your Name (required)

Your Email (required)

Your Phone

Please indicate if you have worked with someone in our firm (required)

Your Message