Ohio Banquet Venue, 110 Years, Four Revenue Streams $492,164 Annual Revenue Across Fine Dining, Bar Service, Private Events, and Large-Scale Banquets from a Single Leased Facility Business Description Corporate planners, families booking milestone celebrations, and individual diners each generate revenue through separate billing channels at this Ohio hospitality property. Fine dining, bar service, private event bookings, and large-scale banquets operate simultaneously under one roof. The income mix across four categories means a soft month in any single channel does not determine the financial outcome for that period. Advance event bookings provide forward revenue visibility that walk-in dining alone cannot produce. Repeat banquet clients return on annual cycles for recurring celebrations and corporate functions. That booking pattern creates a predictable revenue base layered beneath the variable income from daily dining and bar service. The combined result is $492,164 in annual revenue with $133,368 in SDE at a 27.1% margin. Fifteen employees cover front-of-house, kitchen, and event coordination across all four service formats. The team carries operational familiarity with high-volume event execution alongside standard dinner service. $200,000 in FF&E transfers at closing, covering commercial kitchen equipment, dining room furnishings, and the event infrastructure currently in active use. Inventory of $3,000 is included. The facility occupies leased space in a high-traffic Ohio corridor near major regional attractions. A buyer acquires active staff, supplier relationships, event client accounts, and four revenue channels generating consistent near-$500,000 annual output. Business History Food service at this Ohio location dates to 1914. The original dining operation added banquet hosting, private event services, and bar operations across the following decades, each expansion built onto the existing physical footprint without requiring a separate facility or additional real estate. That incremental model produced the four-channel revenue structure currently in place. The venue held its market position through the post-pandemic contraction that removed several competing Ohio food service operators between 2020 and 2024. Current revenue of $492,164 reflects stable demand across all four service categories entering 2026. The business is offered for sale due to owner retirement after a long operating tenure. Potential Growth and Expansion Private event bookings currently reach clients through existing community relationships. A direct outreach program targeting corporate accounts, wedding planners, and nonprofit organizations opens a new booking channel without additional staff or facility costs. Off-site catering is not part of the current revenue model. The kitchen equipment and 15-person staff support catering contracts that generate income independent of in-venue covers. The existing liquor license supports expanded bar programming on off-peak nights. Themed beverage events or an expanded craft program increase per-visit revenue with minimal overhead. Online reservation and event inquiry systems capture bookings outside staffed hours. Implementation requires no physical infrastructure investment. Gift card and loyalty programs for repeat diners generate immediate revenue and increase return visit frequency without additional marketing spend. Competitive Overview Between 2020 and 2024, rising food costs and post-pandemic staffing pressure pushed multiple independent full-service operators out of the Ohio market. Venues that maintained operations through that period now compete in a thinner field than existed five years ago. The reduction in comparable full-service event venues has increased demand concentration among the operators that remained. A 110-year operating history, $200,000 in installed FF&E, and an established event client base represent entry barriers that a new competitor cannot clear without years of development and significant capital. The asking price of $199,900 represents a 1.50x multiple on SDE. The FF&E value alone exceeds the asking price, which is not a common ratio in comparable Ohio hospitality listings. Key Highlights Annual revenue of $492,164 with SDE of $133,368 (27.1% margin) Founded in 1914, over 110 years of continuous operation in Ohio 15 employees across front-of-house, kitchen, and event coordination Leased space in a high-traffic Ohio corridor near major regional attractions FF&E of $200,000 included; inventory of $3,000 included Four revenue channels: fine dining, bar service, private events, and banquets Revenue stable year over year across all four service categories Reason for sale is retirement Financials Summary Annual Revenue $492,164 Seller's Discretionary Earnings $133,368 SDE Margin 27.1% Asking Price $199,900 Price-to-SDE Multiple 1.50x FF&E $200,000 (included) Inventory $3,000 (included) Revenue Trend Stable Ideal Buyer Profile Prior experience managing staff across multiple simultaneous service formats is the practical requirement here. Fine dining, bar, and banquet operations each carry different staffing rhythms and client expectations. A buyer comfortable navigating all three simultaneously steps into an operation that is already producing. $199,900 covers the purchase price; working capital sufficient to cover the first 90 days of operations is an additional requirement. An investor pairing with an experienced general manager is a workable structure, though peak dinner service and major event dates require ownership presence to maintain service standards and staff accountability. Confidentiality Notice A signed confidentiality agreement is required before financial details are released. Qualified buyers should contact the listing broker to request the full offering memorandum. *The real estate associated with this business sale is represented by Howard Hannah Real Estate Services, a licensed real estate brokerage in the State of Ohio. 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