For Sale
$795,000

1081 Bank RdCelina, OH 45822

Established, cash-flowing lakeside restaurant

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a well-established, profitable restaurant and bar on Grand Lake's western bank in Celina, Ohio. Boasting 8,471 square feet on a 1.4-acre lot (APN 27-0167000000), the property includes indoor and outdoor seating, a full kitchen, and docks. The restaurant features an Italian theme, a loyal customer base, and a strong online reputation (4+ star ratings). It's a turnkey operation, including all fixtures, fittings, and equipment, and benefits from various licenses: Ohio Vendor's license, food and catering license, and a D-5 and D-6 liquor license (including carry-out and Sunday sales). The location is within a Designated Outdoor Refreshment Area (DORA), enhancing summer appeal. The business has a long-standing local reputation (approximately 25 years), has received Chamber of Commerce awards ("Business of the Year" and "Person of the Year"), and utilizes professional website and marketing strategies. Complete training manuals and systems are included. Financial details are available upon request. The asking price is $795,000. Potential buyers may be eligible for financing assistance through Mercer County Economic Development, offering up to 45% of the purchase price at a 3% interest rate, with SBA loan contacts also available. This prime waterfront location offers breathtaking views and significant growth potential. The property is zoned C.

Highlights

  • Profitable, established Italian restaurant and bar on Grand Lake's western bank in Celina, Ohio.
  • 8,471 SF building on a 1.4-acre lot (APN 27-0167000000), including indoor/outdoor seating, full kitchen, and docks.
  • Turnkey operation with all FF&E, Ohio Vendor's, food & catering licenses, and D-5 & D-6 liquor licenses (including carry-out & Sunday sales).
  • Located in a Designated Outdoor Refreshment Area (DORA), strong online reputation (4+ stars), and 25-year history with Chamber of Commerce awards.
  • $795,000 asking price; potential financing assistance up to 45% at 3% interest through Mercer County Economic Development, SBA loan contacts available. C-zoned.

Property Details for 1081 Bank Rd

Property type
Retail properties, Restaurants
Square Feet
8,471 SF
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Celina
County
Mercer
State
Ohio
Latitude
40.5350348
Longitude
-84.5744164
1081 Bank Rd, Celina, Ohio

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1081 Bank Rd
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