Iconic Bar & Grill business established 47 years plus real estate

Asking Price$2,100,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,537,000

Inventory$20,000
Not included in asking price
FF&E$523,984
Included in asking price
Real Estate$1,500,000
Not included in asking price
GatsbysSave

Iconic Bar & Grill business established 47 years plus real estate


Asking Price$2,100,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,537,000

Inventory$20,000
Not included in asking price
FF&E$523,984
Included in asking price
Real Estate$1,500,000
Not included in asking price
Business Description
**Please be discreet and do not disturb the ongoing business or employees**

Iconic Gatsby’s Bar and Grill at 151 N. Hamilton Road in Gahanna, OH 43230. Fantastic
free-standing bar/restaurant with 5,884 square feet on 1.62 acres with a traffic light
entrance on Hamilton Road. Established 47 years, a friendly place to eat and drink. Award-winning pizza and wings. Features outstanding patios and two outdoor volleyball courts with league play. Live entertainment & more! Sale includes the real estate & business with furniture, fixtures, equipment, leasehold improvements, name & intellectual property. Full Gahanna liquor license, lottery, keno, and pull tabs. Sales volume of $1,537,000 plus annually. Ideal for a new owner-operator, chain, regional, themed operation, or fantastic
redevelopment opportunity. Excellent parking and possible room to add bocce ball courts or pickleball. Financials are available to qualified buyers with signed non-disclosure. There is a fantastic upside with the business open 6 days a week and closed on Mondays. Business and real estate as a package only priced at $2,100,000. Unlimited possibilities!!

***Please be discreet and do not disturb the ongoing business or employees***
About the Business
Years in Operation
48
Number of Employees
25
Facilities & Assets
151 N. Hamilton Road Gahanna, OH 43230
Franklin County
2 parcels totaling 1.62 acres with direct access via traffic light on Hamilton Road
TP # 025-000282-00, 025-008113
72 parking spaces - ratio of 12.25 per 1,000 square feet
Volleyball court in the rear of the property room to expand !!
Fantastic access - ingress/egress
Website
https://gatsbys1977.com/
Market Outlook / Competition
A friendly place to eat and drink! It is FANTASTIC, located at a traffic light north of Havens Corners and Gahanna High School. Huge traffic flow! Award-winning pizza and wings! Serving breakfast Saturday and Sunday from 9 AM - 12 Noon.Live entertainment and sand volleyball !!
Opportunities for Growth
Unlimited - currently closed on Mondays - can be open for new owner operater.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
5,884
About the Sale
Seller Motivation
Retiring!
Transition Support
Owners willing to train and support
Listing Info
ID
2275393
Listing Views
3271
Attached DocumentsAttachment Disclaimer

GatsbysPDF.pdf


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Business Listed by: Greg Hrabcak Hanna Commercial RE Services

Listing ID: 2275393 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.