Business for Sale Overview:
Restaurant: This beautiful, highly successful Restaurant and Lounge is located in Northern Ohio near Lake Erie. In operation at this location for a quarter – century, the entire business, building and premises have been thoroughly renovated. The well rounded, innovative menu was created by the owner and chef, making this restaurant a true year round ‘destination’ location not only for local clientele but for travelers and vacationers as well. Selections include steak, chicken, veal, lamb, seafood, pastas and many other memorable offerings, along with an extensive array of appetizers, salads and desserts. Completing the dining experience is full bar service featuring their signature martini choices, an extensive selection of wines and champagnes, and specialties coffees. Patrons can choose between several distinct dining areas, the lounge, or the outside garden patio. The entire establishment is tasteful decorated with antiques, classic pictures and prints, and numerous items of nautical and historic interest. It generates consistent annual revenues of $700 - $800,000 while only being open daily for dinner. This restaurant and location have huge growth potential, and are in a prominent and visible location with heavy and continuous traffic flow. Owner maintains a data base that includes thousands of past and present customers. Current owner nets over $135,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Real Estate: $500,000 Included in asking price.
Furniture, Fixtures and Equipment: $83,000 Included in asking price.
Inventory: $15,500 Included in asking price.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.