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- RE: MM Dollar Restaurant With Reputation For Excellence
- Contact: Bill White
Quick Facts
Asking Price: | $1,699,000 | |
Annual Revenue: | $3,746,574 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $726,005 | |
Total Debt: | Not Disclosed | |
FF&E: | $700,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 83 | |
BBN Listing #: | 939489 | |
Broker Reference #: | 4301-18237 |
Business Overview:
This well-established restaurant and tavern in Mahoning County, Ohio, offers a unique blend of quality dining and a casual, inviting atmosphere that has made it a community favorite. With a team of over 75 team members, the business operates smoothly under a seasoned general manager, along with experienced assistants and chefs. The extensive menu includes a range of popular offerings including steaks, chicken specialties, fresh seafood, gourmet pastas, and salads crafted with a commitment to locally sourced and sustainable ingredients whenever possible. The restaurant’s social media presence has attracted over 10,000 followers, adding to its reputation and customer loyalty.
Spanning nearly 6,000 square feet in a bustling shopping center, the layout includes multiple dining areas and a lively tavern, accommodating over 200 guests. This well-designed space, along with the restaurant's strong carryout and third-party delivery options, has broadened its reach, making it a go-to destination for both dine-in and takeout. The sale includes all furniture, fixtures, and equipment, along with a fully integrated Toast POS system, inventory valued at $50,000, and liquor license, creating a seamless, turnkey opportunity for a new owner to take the reins of this thriving establishment.
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Property Features and Assets:
Nearly 6,000 Square Feet of leased space in a busy shopping center. Options available until April of 2029 and likely beyond.
Assets = $760,000
Market Competition and Expansion:
This Restaurant & Tavern has a fantastic location in a growing community, a wonderful reputation and over 10,000 Social Media followers. Owners are not concerned about competition.
This is a mature restaurant with well-established sales and excellent profits over many years. Growth is possible by maintaining or increasing standards of service, food quality, proper staffing, and proper attention to consumer desires. The addition of 3rd party delivery services has been rolled out in 2023 and deemed a success!
Reason for Selling:
Other Business Interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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