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Newly Renovated Tavern & Restaurant For Sale

Geauga County, Ohio, US
Asking Price:
$244,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$997,126
Cash Flow:
$189,454

The tavern, along with its beautifully renovated building, offers an unbeatable combination of modern aesthetics, a fresh menu, and a dedicated team, making it the talk of the town since its grand reopening in April 2021. Under new ownership, the tavern has undergone a comprehensive transformation. The building itself has undergone extensive renovations, resulting in a stunning space that exudes warmth and charm. The interior has been outfitted with top-of-the-line equipment, stylish furniture, and captivating décor, creating an inviting ambiance that guests simply adore. The tavern has been designed for success, featuring over 100 seats, a charming patio area, and a well-equipped bar accommodating 25 patrons. With a fresh new name and an innovative menu, the tavern is capturing the attention of both locals and visitors alike. The business has quickly become a popular destination for those seeking a delightful dining experience paired with ice-cold beers and expertly crafted mixed drinks. The establishment has already cultivated a loyal customer base, boasting a healthy mix of regulars and new patrons eager to savor the restaurant's fresh and high-quality offerings. The business is led by a highly experienced manager supported by a team of 15 employees. The business includes all needed liquor licenses to operate daily until 2:30am. The newly renovated building is available for purchase separately, including a tenant-occupied apartment on the upper level, offering potential for additional income.

Property Information

Real Estate:

Lease

Premises Details:

Recently upgraded building with rented upstairs apartment available for additional cost through real estate broker. Over 100 seats, 25 at the bar, and beautiful patio.

Business Operation

Expansion Potential:

This neighborhood bar & grill is just getting started!

Competition / Market:

Small town with only a few competitors.

Reasons for selling:

Other Business Interests.

Trading hours:

Mon-Thurs 11am-1am; Fri-Sat 7am-1am; Sun 7am-7pm

Employees:
5 FT/10 PT
Years established:
1

Other Information

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

$122K down/$122K over 36 mos. @ 9%.

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$13,000 - included in the asking price