BUSINESS FOR SALE F-2623

RESTAURANT

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.

Investment Highlights:

• 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.

Asking Price:

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.

P&L SUMMARY:201920182017
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
Total      867,000

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
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