Only Tavern in Town Center - Great Staff & Manager - Run Pseudo-Absentee

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Restaurants & Food Businesses for Sale

  • Primary Category: Bars, Pubs & Taverns for Sale

The only tavern in town’s community center, prime location, visibility, access, good cash flow. Nice town near large city in Akron area of Northeastern Ohio. Well-staffed with manger, run pseudo absentee, loyal established customer base, well equipped, 25 foot bar, good seating, outside patio, good parking, scratch cooking, casual dining.

Validated and proven with trained staff, fully equipped, established customer base. Gross sales $774,013, seller discretionary cash flow of $95,685, seller will consider portion of purchase price seller financed if approved, estimated $50,000 furniture, fixtures, equipment, estimated $5,000 inventory, prime location, visibility, access near large city in Northeast Ohio.

Comfortable 3,630 square feet, patio, parking, 25 foot bar with ample seating. Four terminal, carbonation system, 13 screens, visual and sound security system, numerous freezers, large walk-in cooler, convection oven, prep tables and sinks, cold cart, vent hood, fryer, stove, grill, good furniture.

If you have been looking for that cozy casual center of community, 3,630 square foot with outside patio, town tavern bar with 25 foot bar, scratch cooking restaurant with trained staff, nicely equipped, grossing $774,013 and cash flowing $87,034, priced to sell at only $275,000 with some partial seller financing if approved and run pseudo absentee, check this one out!

Financial Information

  • $195,000 Asking Price
  • $95,685 Cash Flow
  • $774,013 Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: Akron
  • State: Ohio

Financing Comments

  • Seller will consider some financing for a qualified buyer

Reason for Sale

  • Relocation Logistics

Detailed information

  • Year Established: 2020
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 7
  • Part-Time Employees: 7
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: Yes
  • Inventory Value: $5,000
  • Monthly Rent: $2,500
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 3630
  • FF&E Included?: Yes
  • FF&E Value: $50,000

Training/Support

  • Seller will negotiate a transition period
Business Listed by
image of Jeffrey Bury
Jeffrey Bury
Sunbelt of Akron
Email Jeffrey
Show Phone Number
Listing ID
NORTHOH001-54124

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