Restaurant & Caterer
Dayton, OH
| Asking Price: | $295,000 |
| Rent: | $3,990/Month |
| Established Year: | 1991 |
| Gross Revenue: | $1,000,000 |
| EBITDA: | $100,000 |
Listing ID: 2241728Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great Reputation - Poise for Growth - Real Estate is Also Available
Longstanding Full Service Restaurant & Caterer. A local, family-owned eatery known for it's personality, warmth, hospitality, AND it's amazing food. Established since 1991 with 12,000 social media followers. Catering has added value to the business for close to 30 years, and, is thriving today. The addition of our banquet facility has lots of possibilities for continued growth. If you want to own a great restaurant with catering to add value, this is it. If you want to jump in to catering, and, have a restaurant base to support you, this is it. If you want a restaurant and catering business with lots of upside, this is it.
DETAILED INFORMATION
Location
Dayton, OH
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
12
Facilities
Sale price would include furniture & equipment, recipes and inventory. After downsizing, we also own several newer and larger kitchen items that can be used for growth or expansion. The location is great as it is close to main highways running East/West as well as North/South. The location is perfectly situated at the intersection by the entrance/exit ramps. The massive improvements to the exit is months away from completion and will make the value even more.
Real Estate is also available for $595,000. The combination is perfect for financing
Competition
Our restaurant business has been around for 33 years and catering close to 30. We have an awesome reputation for quality and service. We have won numerous awards for the restaurant and and numerous awards for our Catering service.
Growth & Expansion
Lots! Recent addition of leased venue for our own events is just a year and a half off the ground. The restaurant is open on limited hours due to the owner's schedule and can easily achieve immediate sales growth with expanded hours.
Financing
May hold a small percentage of sale price to assist buyer with financing.
Support & Training
Seller is willing to stay on and work with buyer for up to 4 weeks. Would consider a consultant role if needed, for an additional 4 weeks.
All booked events will transfer with the sale. Current receivables for secured events are approximately $70,000 making.
Reason for Selling
Extremely involved in launching a new business
BUSINESS LOCATION
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