195 Sandusky StPlymouth, OH 44865

  • Drive through restaurants
  • 1,200 SF
For Sale
$175,000 View listing

Property Details for 195 Sandusky St

Year built
1957
Lot size
0.39 AC
Property size (Sq ft)
1,200 SF
Property type
Drive through restaurants
APN
23-024C-01-001-0100
APU
23024C010010100

Description

This profitable Plymouth, OH diner, established in 2011 as the Hound Dog Hop, presents a fantastic turnkey business opportunity. Priced at $175,000, the sale includes all equipment, significantly upgraded in a 2011 remodel. Features include ample indoor seating, a walk-up window, and the potential for car hop service, expanding customer reach and revenue streams. The comprehensive equipment list encompasses a Taylor soft-serve ice cream machine, a complete kitchen setup with all utensils and cooking equipment, and a robust camera security system. The property boasts attractive exterior signage, including a lighted rotating sign and two large outdoor TV monitors for effective advertising. Convenient outdoor walk-in cooler and freezer units are also included. A Vector Security System provides added peace of mind. The iconic vintage Coke machine is available for separate negotiation. The current owner-operator has identified significant potential for sales growth, making this a compelling investment for a savvy entrepreneur seeking a well-established, profitable business with considerable upside. The property's 1950s diner theme offers a unique and appealing atmosphere, attracting a loyal customer base and creating a memorable dining experience. This is a rare chance to acquire a thriving business with established infrastructure and significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $332,251
    6.5%
    $306,693
    7%
    $284,786
  • Comparable approach

    Method
    Valuation
    Relative Method
    $282,865
    Geo Method
    $282,865
  • Alternative Use

    Use
    Valuation
    Residential
    $258,707
    Hospitality
    $236,974
    Educational
    $197,160
    Medical
    $203,940
    Retail
    $306,693

Location Insight

City
Plymouth
County
Huron
State
Ohio
Latitude
41.0006
Longitude
-82.6684
CBSA code
35940
CBSA name
NORWALK, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,243
$6,040
$13,230
$19,270
-
$17,250
$37,800
$55,050

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