Steakhouse Restaurant For Sale - Cincinnati, Ohio, OH - Hamilton County

PROFILE: One Of Cincinnati's Finest Steakhouses With Property, $1 Mil Sales.

AD/LISTING INFORMATION
Status: Available
State: Ohio
Location: Cincinnati
County: Hamilton
City: Cincinnati
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  130216
Seller Or Contact:  Dan Long
Primary Phone:  513-321-7666
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  10/14/08
Date Ad Last Revised:   11/11/08

FINANCIAL INFORMATION
Asking Price: $349,000
Down Payment: $349,000
Annual Revenue: $994000
Annual Adjusted Net: $70000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: Established Over 50 Years Ago, Only The Second Owner Of This Landmark Is Looking To Sell His Restaurant Which Consistently Does $1 Million In Sales With A Very Loyal Clientele. With The Property Valued At $225,000 Plus $25,000 Worth Of Inventory/Equipment In Addition To The Liquor Licenses Valued At $25,000 (Total Of $275,000), The Asking Price Of $349,000 Is Very Reasonable. Highlights Include Seating For 150, Plenty Of Parking, Long Time Staff, Good Mixture Of Young And Old Clientele, D5 And D6 Liquor Licenses. Second Floor Opportunity Exists To Develop A Sports Bar Theme Or Hold Banquets, Receptions, Company Meetings, Etc. This Is Your Opportunity To Not Only Own Your Own Restaurant, But Control The Real Estate And Your Successful Destiny. Buy Now And Take Advantage Of The Fall And Winter Seasons Which Are Prime Time For The Restaurant Business. This Transaction Has Been Pre-Approved For An SBA Loan.

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Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!



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