Business For Sale

Eastside Restaurant - Trip Advisor Hall of Fame

Cincinnati, OH
Hamilton County


Asking Price: Annual Revenue:
$209,000 $862,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Eastside Restaurant - Trip Advisor Hall of Fame Broker: Dan Long
Owner Financing is Available!

Quick Facts

Asking Price: $209,000
Annual Revenue: $862,000
Net Profit: Not Disclosed
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 12
BBN Listing #: 901216072
Broker Reference #: 123017del

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Business Overview:

Established over 25 years ago by the current retirement aged owner, this is a full - service dining, catering, and carryout restaurant. The most recent three year average sales are $862,000 producing average owner’s earnings of $145,000. This restaurant is known for serving a wide variety of dinners, sandwiches, soups, and salads. In addition, they also offer delivery and full - service catering for company picnics, weddings, and parties. They have received the certificate of excellence from Trip Advisor for 4 years in a row! There is also a Rewards Program in place with 3,000 loyal members. The restaurant is offered as an asset purchase free and clear of debt. Other highlights include:

Excellent staff
SBA loan qualified
Clean books and records
Superb high - quality location
Independent – not a franchise
Great customer loyalty program
Serves breakfast, lunch, and dinner
Consistent history of sales & profits
Excellent rating on Yelp and Google

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Property Features and Assets:

The restaurant is located in a very popular and well - travelled area on the east side of Cincinnati. It is attractively decorated and well – maintained. A considerable amount of the restaurant equipment has been recently purchased.

Market Competition and Expansion:

The restaurant is well – positioned as a place where one can take the family and not break the bank. Because of this, its popularity is ever increasing and has become a destination for many.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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