Business Summary:
The business being offered for sale is a Steakhouse franchise located on one of the most traveled highways in Cincinnati, yet surrounded by a large population of residential homes and apartments. The restaurant offers casual dining at reasonable pricing. The business has a long history of successful operation. However, in the last two years the restaurant experienced higher than normal operating expenses which have slowly been corrected. HIGHLIGHTS The business is now tracking at the improved margins projected for 2007. The franchisor offers excellent assistance and training. The cost of a new franchise restaurant is well above the asking price of this business. Additional operating efficiencies available to an active experienced owner The business is being offered for sale at a very attractive $195,000 (reduced from $295,000) plus inventory, free and clear of debt and liabilities.
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