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Revered, Time-honored Restaurant in a Quintessential College Town

Oxford, OH
Asking Price:$350,000
Gross Revenue:$688,000
Established Year:1985
Cash Flow:$220,000
Rent:$4,262.5/Month
Listing ID: 2272533Listing provided by BizBuySell
BUSINESS DESCRIPTION

Turn-key business includes beer, wine, & liquor licenses

Business opportunity!
Treasured, long-standing, turn-key restaurant for sale in cozy Oxford Ohio, home of Miami University! Phan Shin Chinese & Thai Restaurant, founded in 1985, is a local favorite! Restaurant is open and functioning with everything included in sale. 2,880 s.f. complete with patio area for outdoor dining. Current lease is transferrable to new owner (subject to landlord approval). D1, D2, D3 licenses included. Restaurant equipment all new in 2018. Excellent return on investment with plenty of potential to increase sales. Financial information, list of equipment, lease, etc. available for review for qualified buyer.
Restaurant only (no real estate is included).

ATTACHED DOCUMENTS
floor plan.pdf.pdf Download
DETAILED INFORMATION
Location
Oxford, OH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,880
Lease Expiration
24/05/2028
Facilities
Everything stays! This established restaurant of 39 years, Phan Shin, is ready for the next generation of owners.
Growth & Expansion
Loyal customer following that includes: locals, Miami University students, staff, & alumni. More opportunity for growth by utilizing the patio area and the liquor license. More potential income growth by establishing with on-line ordering systems, such as DoorDash, Uber Eats, & local service, Oxford-To-You.
Reason for Selling
Wanting to move into new opportunities
BUSINESS LOCATION
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Kelly Umbstead
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Kelly Umbstead
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