American Restaurants
Active
Iconic Restaurant for Sale Columbus
Columbus, Franklin County, Ohio, United States
Asking Price$625,000
Revenue-
EBITDA$270,000
Cash Flow-
Description
A TRUE COLUMBUS RESTAURANT ICON — NOW AVAILABLE
OWN A PIECE OF RESTAURANT HISTORY
Rarely does an opportunity like this become available.
This is a legendary Columbus restaurant brand with a history dating back to 1966. Once a nationally recognized chain with locations throughout the United States, the Columbus location represents a remarkable piece of American restaurant history.
WHY THIS OPPORTUNITY STANDS OUT
ICONIC BRAND — A nationally recognized name with decades of history and tremendous customer recognition.
LOYAL FOLLOWING — Generations of Columbus-area customers have strong memories and connections to this restaurant
ESTABLISHED RESTAURANT — Walk into an operating restaurant rather than starting from scratch. The infrastructure, kitchen and established concept provide a substantial head start.
UNIQUE MARKET POSITION — There is no other Steak House opportunity like this. The history and authenticity cannot be duplicated.
SIGNIFICANT UPSIDE — A new owner can capitalize on the name through updated marketing, social media, delivery, catering, expanded hours, menu development and renewed community exposure.
MORE THAN A RESTAURANT
SALES & PROFITS- Sales well over $1.5M with a bottom line that is over $250K with owner living out of town
This is an opportunity for an experienced restaurateur, entrepreneur or investor to acquire a piece of Columbus history with a built-in story and customer base.
THE NAME IS KNOWN.
THE HISTORY IS REAL.
THE OPPORTUNITY IS RARE.
CONFIDENTIAL SALE
Business opportunity available.
Detailed financials, property information, equipment list and additional business information available to qualified buyers upon filling in Confidentaility Agreement
A ONE-OF-A-KIND COLUMBUS RESTAURANT OPPORTUNITY.
Real Estate
Rent is $8,200 per month
Building Size: 6100 sq. ft.Business is
Absentee Owner
Year Established
1969
Reason Selling
Moved out of town
Facilities & Assets
6120 sq ft with cafeteria style service. Seats over 250 in dining room. Has long hood with walk in cooler & freezer in spacious kitchen. Stand alone building with large parking lot
Support & Training
as needed
Market & Competition
Only steakhouse in the area
Growth Opportunities
owner/operator will drive sales and help control expenses
Business listed by
Randy Sokol
Sokol & Associates
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