Draft House With 4 Bedroom Home

West Cleveland, Ohio (Lorain)

  • Asking Price: $299,000
  • Gross Income: $493,088
  • Cash Flow: Not Disclosed
  • Real Estate: $350,000
  • Inventory: $18,000
  • FF&E: $85,000
  • Listing ID: #201194
  • Established: 2001
  • Employees: 2 FTE; 10 PTE

Business Description

Established restaurant/ draft house w/D-7 license of 16 years for sale with an increasing revenue on a yearly basis in a downtown reviving entertainment district. Adjacent to Lake Erie and a state theater this location offers 30 beers on draft including the ever-popular micro brews and imports.

Real estate is also available which includes a house on a busy intersection of this downtown mixture of commercial and residential property. Asking price includes restaurant/bar business only.

This is an established business, this is NOT a new franchise or start-up opportunity.

***Please look for an email titled "Morgan & Westfield –“Restaurant/Draft House With D7” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Ohio
Metropolitan Area: West Cleveland
County: Lorain

Company Information

Year Established: 2001
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FTE; 10 PTE

Financial Information

Asking Price: $299,000
Gross Revenue: $493,088
FF&E: $85,000
Inventory: $18,000
Real Estate: $350,000
Seller Financing Available: Yes

Property Information

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Business Listed By:

Arthur Williams

Morgan & Westfield