MergerPlace

Casual Eatery & Brew House/Sports Bar

Ohio (Lorain)


  • Asking Price: $280,000
  • Gross Income: $552,738
  • Cash Flow: $46,661
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $71,285
  • Listing ID: #216839
  • Established: 2001
  • Employees: 2 FT/ 10 PT

Business Description

This sports bar/draft house was originally started in 2001, has an excellent location with high visibility and no direct competition. This sports bar is situated in a downtown area that people visit regularly to hang out with friends. The downtown area is under renovation with substantial investment in the area.


Business Details

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

Company Information

Year Established: 2001
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT/ 10 PT

Financial Information

Asking Price: $280,000
Gross Revenue: $552,738
Cash Flow: $46,661
FF&E: $71,285
Inventory: $4,000
Seller Financing Available: No

Property Information

Facilities:

This facility is a 6,100 square foot (open floor plan) freestanding corner building. The property is for sale and includes an additional income producing property. The property is listed with Beau Quest Realty for the price of $290,000.

Growth & expansion opportunities:

Substantial investment in downtown revitalization.

Competition:

No local competition. Closest direct competition 12 miles away.

Reason for selling:

Owners would like to retire and relocate.

Support & Training:

Will train for 8 weeks @ no cost. This Casual Eatery and Draft House offers food and beverage, over 30 draft beers, chicken wings with specialty sauces. For entertainment they offer multiple televisions, pool tables, dart boards, Keno lottery and vending machines. Licenses: D-7 Liquor license (that allows for sales of liquor on Sundays).

Contact Business Seller

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Business Listed By:

Michael Carrozza

Murphy Business Brokers