Listing Number: 60270-577052
Description
Seize the opportunity to own a fully built-out, turnkey food business located on a bustling, high-traffic college campus. This established business offers a seamless transition for the new owner, with an inventory valued at $5,000 and furniture, fixtures, and equipment (FF&E) worth $90,000.
Highlights:
• Strategic Location: Situated in a prime area on campus, ensuring a steady flow of foot traffic and excellent visibility. The business benefits from its proximity to apartments, academic buildings, and student activity centers, making it a popular choice for students and faculty alike.
• Turnkey Operation: The business is fully operational and comes with everything needed to continue running smoothly from day one. The sale includes a well-maintained kitchen, high-quality appliances, and attractive dining furnishings. Comprehensive training and support will be provided to ensure a smooth handover.
• Strong Customer Base: With a loyal customer base consisting of students, faculty, and staff, the business enjoys consistent patronage. The established reputation and positive reviews contribute to steady revenue.
• Expansion Potential: There is significant potential for growth by expanding to a sister location on a nearby college campus. This would increase market presence and capitalize on the established brand. The nearby campus has similar demographics, ensuring a promising opportunity for expansion.
• Financial Details: Detailed financial records are available, showcasing consistent profitability and growth. This business represents a sound investment with a proven track record.
The current owners are moving on to new ventures, creating a fantastic opportunity for a savvy buyer to take the reins and capitalize on this well-established business. Don't miss out on this chance to own a thriving enterprise in a prime location, with strong growth potential and a loyal customer base.
Listing Details
- Price: $ 349,000
- Down Payment: $349,000
- Sellers Discretionary Earnings: $ 58,000
- Total Sales: $ 919,000
- Location: Hamilton County, Ohio
- Inventory: $ 5,000
- FF&E: $ 90,000
- Employees:
- Reason for Selling: Owner has other businesses and interests
- Category: Restaurants