Landmark Bar | Restaurant • Business + Real Estate • SBA Eligible

Listing Number: 022822-486908

Listing Details

Landmark Bar | Restaurant • Business + Real Estate • SBA Eligible
Price: $1,250,000
Location: Lorain County, Ohio
  • Down Payment: $125,000
  • Sales: $1,006,418
  • Seller's Discretionary Earnings: $122,480
  • Inventory: $12,000
  • Furniture, Fixtures, and Equipment: $25,364
  • Rent: $2,000
  • Employees: 31
  • Year Established: 1934
  • Reason for Selling: Retirement

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For More Information About This Listing
Vince Liuzzi
License # 2022002940
CBI
IBBA

Business Description

A rare opportunity to acquire both a thriving, community-rooted bar and restaurant operation AND the freestanding real estate it sits on — together, as a single SBA-eligible package. This is not a typical business-only acquisition. You are buying a complete hospitality platform: an established operating business with decades of brand equity, plus a 3,339 sq ft freestanding commercial property with dedicated parking and exceptional visibility in a high-traffic Northeast Ohio corridor.
The investment is structured in two clearly defined components: Business Assets at $600,000 and Real Estate at $650,000 — for a combined acquisition price of $1,250,000. This structure is intentional. It creates one of the most favorable SBA financing profiles available in today’s market.
THE REAL ESTATE ADVANTAGE - Most buyers instinctively compare business acquisition prices as a multiple of earnings. That lens works for business-only deals. When real estate is included, the math changes — and it changes in the buyer’s favor.
Because the SBA treats real estate as long-lived collateral, acquisitions that include real estate qualify for 25-year loan amortization — versus 10 years for a business-only purchase. That extended term translates directly into a lower monthly debt service payment, better cash flow from day one, and a stronger debt coverage ratio for lender approval. A qualified buyer with 20% down ($250,000) can finance this acquisition at approximately $8,052 per month — a fully manageable obligation against the established revenue base of this business.
The real estate associated with this offering is listed for sale by Realty Professionals, a licensed Ohio real estate brokerage. All real estate brokerage services related to this property are provided exclusively through Realty Professionals. Cooperation with properly licensed real estate brokers is welcomed.