Lorain County is the fastest growing county in Ohio! Lorain is revitalizing the downtown area and this project will be complete by the end of 2018. This change will allow the business to double its patio size and create significantly more foot traffic. The city is creating wider, colored, stamped concrete sidewalks; more lighting; improved signage; traffic islands; and two lanes of travel instead of three.
Established 4,300+ square foot restaurant/ drafthouse w/D-7 license of 17 years for sale with an increasing revenue on a yearly basis in a downtown reviving entertainment district. Adjacent to Lake Erie and a state theater this location offers 30 beers on draft including the ever-popular microbrews and imports.
Real estate is also available which includes a house on a busy intersection of this downtown mixture of commercial and residential property. Asking price includes restaurant/bar business only. Real estate can also be leased and optionally includes a 4 bedroom home. Cash flow is based on an estimated 20% margin.
This is an established business, this is NOT a new franchise or start-up opportunity.
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