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Businesses For Sale > Business For Sale in Ohio (OH)

Restaurant/Night Club/ Banquet Facility (472)

Ohio (OH)

Asking Price: Gross: Cash Flow:
$125,000 $121,041 Undisclosed

Furniture and Fixtures Value:
$75,000 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Real Estate:
$525,000 (not included in the asking price)

Business Summary:
A touch of class is probably the choice of words that can best describe this upscale restaurant / nightclub. Comfortably seating seventy-five, the restaurant portion of the 8,500 square foot facility is elegantly decorated to create a romantic ambiance. The furniture, art work and chandeliers are all part of a concentrated effort to establish a relaxing atmosphere. While currently specializing in Italian, the restaurant and its decor can fit in perfectly with any cuisine. An attractive spiral staircase is part of the entry way into the restaurant and leads to a second floor which could be utilized for special seating. The nightclub portion features seating for up to 300 guests. A full stage and dance floor help establish a venue for all types of entertainment possibilities. A very sizeable full service bar provides an additional enhancement. Complete with an extensive ceiling mounted lighting system and permanent powerful audio sound system, the complex is capable of accommodating everything from dancing to shows and productions. A centralized fully equipped kitchen has been positioned to service both the restaurant and night club. The restaurant / nightclub has a D-5 liquor license. Located less than a block away from a busy interstate exit ramp, the establishment is readily accessible to local as well as out of the area customers. A substantial paved parking lot with an overflow slag lot is located behind and adjacent to the business. Major retail development involving the number one retailer in the world is scheduled to take place just down the street from the facility. The current owners have had the business for 28 years. Serious health problems the past few years have caused them to have to cut back on the hours of the operation of the restaurant as well as the entertainment activities of the nightclub. Note: Limited financial information available on the business, however Seller Financing is available.

 

   
Year Business was Established: 1980
   
Reason for selling: Health / Retirement  
   
Seller Reference Number: 472
BusinessMart.com Listing Number: 43454
 

 

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For more info contact:

Kipp Krukowski

Confidential Business Sale, Inc.
216-739-0272

CONTACT SELLER

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