MergerPlace

Steakhouse & Cocktail Lounge

Ohio (Lake)


  • Asking Price: $475,000
  • Gross Income: $1,138,594
  • Cash Flow: $267,891
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $60,000
  • Listing ID: #201631
  • Established: 2015
  • Employees: 7 FT/14 PT

Business Description

Classic steakhouse and cocktail lounge with a contemporary look serving dinner and drinks seven nights a week. Freshly renovated with lots of new equipment. New HVAC, new roof, very efficient with low utilities and a fair lease. Very profitable! Great high traffic location! Includes liquor license.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Ohio
County: Lake

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT/14 PT

Financial Information

Asking Price: $475,000
Gross Revenue: $1,138,594
Cash Flow: $267,891
FF&E: $60,000
Inventory: $10,000
Seller Financing Available: Yes

Property Information

Competition:

In an area with plenty of healthy competition and the owners like it that way!

Reason for selling:

Other business interests.

Contact Business Seller

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Business Listed By:

Bill White Jr.

Murphy Business Brokers