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Businesses For Sale   >>   Ohio Businesses For Sale Categories   >>   

Sports Bar Includes Property

Location  Ohio,United States
Asking Price Range  < $250K
Gross Revenues  $205000
Net Profit / Cash Flow  $57000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1952
Number of Employees  4 - 5
Inventory  17000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Training  Yes
Reason for Sale  Other business interests
Description  Located 10 minutes from downtown Cincinnati in one of the most desirable, safe, and affluent neighborhoods of Northern Kentucky, this sports bar has become a landmark destination for the in crowd for many decades. A recent property appraisal resulted in a value of $175,000. In addition to the property, the selling price includes all kitchen equipment, bar accessories, and current food and alcohol inventory. Cash flow to the owner is $57,000. This is a great opportunity for the right person. You will not only control the menu and drink selections, you can totally control any improvements that you wish to make as the landlord. Current fare includes salads, starters such as nachos and chili, burgers, hoagies, Mexican food, and daily specials. The full bar includes a Bier Garden with a vast variety of beer, including their own brew. Current owner has operated for over 20 years. Owner admits he is not a food connoisseur, so much growth could be realized by a buyer who can develop the menu and increase food consumption. Asking $249,000. Call Dan at 513/315-3006.
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