MergerPlace

Draft House With 4 Bedroom Home

West Cleveland, Ohio (Lorain)


  • Asking Price: $325,000
  • Gross Income: $493,088
  • Cash Flow: Not Disclosed
  • Real Estate: $385,000
  • 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: $325,000
Gross Revenue: $493,088
FF&E: $85,000
Inventory: $18,000
Real Estate: $385,000
Seller Financing Available: Yes

Property Information

Support & Training:

Yes

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Arthur Williams

Morgan & Westfield