1609 E. Main St, Kent, OH 44240

$ 1,100,000

Business Opportunity4,430 ft²
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Opportunity at Anderson's

Property Info
Status:Active
Price:$ 1,100,000
Type:Business Opportunity
Size:4,430 ft²
Features
  • OWNER FINANCING Building & Business
  • Turn Key
  • Permits D2 D2x D3 renewed
  • 10 Employees
  • .78 Acre Lot
Remarks

DISCRETION REQUIRED DO NOT APPROACH
EMPLOYEES DIRECT ALL QUESTIONS TO BROKER!

OWNER FINANCING!!! 
PLEASE DO NOT APPROACH EMPLOYEES!!! DIRECT ALL QUESTIONS TO BROKER. 

Established and family-run since 1956, this restaurant has been offering nearly seven decades of culinary excellence and history. Currently owned by a family member retiring after 35 years, this is a unique opportunity for a buyer to take over a beloved local establishment. Known for its enormous portions and welcoming, "mom-and-pop" ambiance, the restaurant has a loyal customer base that values its hearty meals and traditional atmosphere.

The property spans 4,430 square feet on 0.78 acres, with a prime location on a high-traffic main road in Kent, OH, surrounded by other local businesses. The restaurant features a full bar, offering a variety of wines and beers to complement its well-known dishes. Operating under a D2, D2X, and D3 liquor permit, the business can serve alcohol until 1:00 AM, though it currently operates Wednesday through Saturday from 4:00 PM to 7:00 PM—far below the permitted hours operating at 10% of the maximum authorized hours. if hours of operation is increased to 50% of the maximum authorized hours M-Sa 11A- 9P, the projected gross income is approximately $1,607,055.55. A new owner can also extend service hours by obtaining a non-quota 3A permit, allowing for service until 2:30 AM.

Maintaining its old-world charm, the restaurant accepts cash or check only and continues to be a nostalgic spot for customers who appreciate its rich history. With the opportunity for modernization and expanded hours, this business is well-positioned for growth while continuing to serve its loyal community.

Unsecured Business short term financing 5-7 year amortization personal qualification required!
Cleveland D5 liquor permit $32,000 including Docs & transfer.
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https://henrywahners.IsForSale.com

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