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American Restaurants
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Restaurant with Large Banquet Business with Building for sale

Lima, Allen County, Ohio 45805-2516, United States
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Asking Price$1.40m
Revenue$1.50m
EBITDA-
Cash Flow-
Description
The Old Barn Restaurant is well established and known for its Fried Chicken, daily buffets and catering event center. The building is 30,000 sq ft with large banquet room and many acres for weddings and other events. The restaurant seats 280, the patio seats 100, the event space holds up to 400, and outside seats as many as you want. There is a bar and seating inside restaurant. The kitchen is set up to handle big business and large events The restaurant also has a bakery inside, that makes baked goods for its events, weddings, restaurant, an outside sales. The business is fully staffed with experience. there is an office and banquet manager in palce The business has a great reputation and large following. The owner of the building & Business is stepped back from daily operations, as they want to sell and retire from the business The opportunities to build business would require marketing, social media, event sales, local campaigns. You can open the days they are presently closed- Monday & Tuesday Great Business with large opportunities to build stronger
Real Estate
$1mIncluded in Asking Price
Building Size: 30000 sq. ft.
Number of EmployeesFull-Time: 55
Year Established
1969
Reason Selling
retire
Facilities & Assets
30,000 sq ft including large restaurant and banquet room. 9 acres of land used for weddings and outdoor events
Support & Training
Training provided
Market & Competition
Only game in town
Growth Opportunities
Can grow business by opening more days, owner working business, marketing added
Financing Options
Seller financing is available.seller financing available to qualified buyers
Asking Price$1.40m