Landmark Bar | Restaurant • Business + Real Estate • SBA Eligible
Landmark bar and restaurant with real estate in Lorain County, Ohio
On NextCompany since August 30, 2026 (46 days)
OH areaEstablished 193431 FT employees
Business overview
This Landmark bar and restaurant serves guests in Lorain County, Ohio. The business opened in 1934. Buyers acquire the operation and a 3,339 sq ft freestanding property with parking.
The asking price is $1,250,000. The seller prices assets at $600,000 and real estate at $650,000. The business generates $1,006,418 in gross revenue. Seller's discretionary earnings total $122,480. The owner is selling for retirement.
Who is a good fit for this business
- Owner-operators seeking a bar and restaurant in Lorain County, Ohio.
- Buyers who want an SBA-eligible purchase that includes 3,339 sq ft of real estate.
- Buyers who can manage a 31-person bar and restaurant team on site.
- Buyers prepared to make a $125,000 down payment on a $1,250,000 asking price.
Details
- Reason for selling
- Retirement
- Real estate
- Leased
- Monthly rent
- $2,000
Frequently Asked Questions
The Landmark bar and restaurant operates as a bar and restaurant in Lorain County, Ohio. Buyers acquire the operating business and a 3,339 sq ft freestanding commercial property. The building includes dedicated parking. The business opened in 1934.
The asking price is $1,250,000 for the business and real estate. The seller prices business assets at $600,000 and real estate at $650,000. The business generates $1,006,418 in gross revenue. Seller's discretionary earnings total $122,480. A qualified buyer with $250,000 down finances $8,052 per month.
The listing marks this package as SBA eligible. The SBA treats the real estate as long-lived collateral. That collateral supports 25-year loan amortization. A business-only purchase amortizes over 10 years. The listing also cites a $125,000 down payment.
The seller includes $12,000 of inventory with the sale. Furniture, fixtures, and equipment total $25,364. Buyers also acquire the 3,339 sq ft freestanding commercial property. The building includes dedicated parking in a Northeast Ohio corridor.
The owner is selling for retirement. The business opened in 1934. Thirty-one employees work in the bar and restaurant. Vince Liuzzi lists the sale at Transworld Business Advisors of Cleveland Metro.