BUSINESS FOR SALE F-2627
DOWNTOWN/OTR UPSCALE DINING
Available for purchase is a well-established and known Downtown/OTR area upscale dining restaurant.
• 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
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)||2018||2017|
|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|
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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