Cincinnati Dive Bar with Real Estate for Sale

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Financial Details

Asking Price:
$250,000
Annual Revenue:
$285,000
Cash Flow / SDE:
$96,000
Profit Metric:
Total Adjusted Net Income
Valuation Multiple:
2.6x
Location:
Cincinnati, OH, US
Source:
Date:
September 25, 2025

Key Highlights

Established local dive bar with decades of history.
Includes real estate and comprehensive liquor license (D1, D2, D3, D3A, D6).
Strong cash flow of $96,000 on $285,000 gross revenue.

Description

This is a well-established, long-standing local dive bar located in Hamilton County, Ohio, with a rich history spanning decades. The business is known for serving ice-cold beer and classic American grub to a loyal customer base. The owner is selling due to a career change. The sale includes the real estate and bar assets for $250,000, along with a valuable D1, D2, D3, D3A, D6 permit class liquor license. Previously operating on a cash-only basis, financial records are maintained in Excel spreadsheets up to 2024. The business reported $285,000 in gross revenue and $96,000 in total adjusted net income. The property features 3075 square feet with no monthly rent, and equipment/fixtures valued at $10,000 are included. Two part-time employees are on staff, and the owner offers a 7-day training period.

Industry Information

Industry Description:
Bar/Liquor
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1968
Employees:
2
Reason for Selling:
Changing Careers

Real Estate & Lease

Status:
Included
Real Estate Price:
$250,000 USD
Monthly Rent:
$0 USD

Assets & Inventory

FF&E Value:
$10,000 USD
Includes FF&E:
Yes

Broker Contact

Name:
Brandon Owens
Company:
First Choice Business Brokers
Email:
[email protected]
Phone:
513-392-6750

Listing Details

Listing ID:
7117016f-cedc-41c5-9b71-f9afb315e55d
Source Listing ID:
23366
Deal Status:
Sold
Last Updated:
September 25, 2025
Currency:
USD

Features & Tags

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