Business Summary:
This long established (66 years) tavern and restaurant is very well known for a special menu item. A quaint, cozy establishment, it is currently owned by four partners with no prior restaurant experience. This is an ideal opportunity for an experienced operator. The real estate may be purchased or leased.
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| Year
Business was Established: 1941 |
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| Number of Employees:
22 |
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| Facilities / Terms of Lease:
Significant remodeling in 2006; Parking for 65 cars, Seating for 99 and 16 at bar that includes 60' TV. Also included in sale: office & equipment, furniture & fixtures, D5/D6 Liquor License. Leasehold improvements and inventory. Updated apartment upstairs rents for $500/month. |
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| Potential
Growth/Expansion:
A strong Sales & Marketing effort to bring in more customers. |
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| Competition:
The business is a short distance from Cincinnati, but not in a prine location. Their Icelandic Cod was voted Best Pub Fish by Cincinnati Magazine. The only competitor is two miles away. |
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| Owner
willing to finance:
N/a |
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| Owner
willing to train:
Owner & staff will stay during transition, |
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| Reason for selling:
Owners have been able to increase sales, but not able to control costs. |
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Seller Reference Number: F-1975
BusinessMart.com Listing Number: 42573 |
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