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Mm Dollar Restaurant W/ Reputation For Excellence For Sale

Mahoning County, Ohio, US
Asking Price:
$1,699,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,746,574
Cash Flow:
$726,005

This well-established restaurant and tavern in Mahoning County, Ohio, offers a unique blend of quality dining and a casual, inviting atmosphere that has made it a community favorite. With a team of over 75 team members, the business operates smoothly under a seasoned general manager, along with experienced assistants and chefs. The extensive menu includes a range of popular offerings including steaks, chicken specialties, fresh seafood, gourmet pastas, and salads crafted with a commitment to locally sourced and sustainable ingredients whenever possible. The restaurant’s social media presence has attracted over 10,000 followers, adding to its reputation and customer loyalty.

Spanning nearly 6,000 square feet in a bustling shopping center, the layout includes multiple dining areas and a lively tavern, accommodating over 200 guests. This well-designed space, along with the restaurant's strong carryout and third-party delivery options, has broadened its reach, making it a go-to destination for both dine-in and takeout. The sale includes all furniture, fixtures, and equipment, along with a fully integrated Toast POS system, inventory valued at $50,000, and liquor license, creating a seamless, turnkey opportunity for a new owner to take the reins of this thriving establishment.

Property Information

Real Estate:

Lease

Premises Details:

Nearly 6,000 Square Feet of leased space in a busy shopping center. Options available until April of 2029 and likely beyond.

Business Operation

Expansion Potential:

This is a mature restaurant with well-established sales and excellent profits over many years. Growth is possible by maintaining or increasing standards of service, food quality, proper staffing, and proper attention to consumer desires. The addition of 3rd party delivery services has been rolled out in 2023 and deemed a success!

Competition / Market:

This Restaurant & Tavern has a fantastic location in a growing community, a wonderful reputation and over 10,000 Social Media followers. Owners are not concerned about competition.

Reasons for selling:

Other Business Interests.

Trading hours:

M-Th 11:30am-10; Fri-Sat 11:30-11; Sun 12-8pm

Employees:
22 FT/61 PT
Years established:
23

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$175K down/$170K over 60 mos. @ 9%/Other Financing.

Furniture / Fixtures value:
$700,000 - included in the asking price
Inventory / Stock value:
$60,000 - included in the asking price