BUSINESS FOR SALE F-2623
Offered for sale is an upscale restaurant located in the western area of Hamilton County. The business has a long history of successful operation with sales well over $1,000,000.
• Full service menu, serving lunch, and dinner seven days a week
• On Sunday’s a brunch lunch buffet is offered
• The business has an attractive dining room, bar and lounge
• Seating of 150+
• D1, D2, D3, D6 Liquor License included
• Historic building provides a unique atmosphere
Two floors, 10,800 sq. ft.
Reason for Sale: After 20 years the owner is ready to retire.
The business with real estate is being offered as an asset purchase free and clear of debt and liability for an asking price of $ 1,200,000 plus inventory (approximately $27,000) at cost.
|Total Revenue|| 1,334,012|| 1,238,461|| 1,132,492|
|ACF|| 178,601|| 195,811|| 174,571|
ACF: Net Income / Cash Flow before owner salary, perks, interest & depreciation, includes Real Estate.
|ASSETS INCLUDED IN PURCHASE:|
|Business Equipment Assets|| 127,000|
|Liquor License|| 40,000|
|Real Estate|| 700,000|
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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