Italian Restaurant In Affluent Cleveland Suburb
Cleveland, OH Cuyahoga County
Cleveland
Seller's Contact Information
- RE: Italian Restaurant In Affluent Cleveland Suburb
- Contact: Brad Ruth
Quick Facts
| Asking Price: | $225,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $112,746 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 42,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 20 | |
| BBN Listing #: | 792162986 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This quaint Italian restaurant is family owned and operates in a prime location with very little competition. Widely known as a staple within this community, the loyal customer following enjoys outstanding food specializing in authentic Italian cuisine. Professionally designed and decorated with tasteful decor, this popular establishment has an updated kitchen, experienced chef, website and social media platforms. A fully trained staff provides an excellent customer experience inside two dining rooms and a large modern bar area with tables. One dining room is frequently reserved for private parties and events. Under the same ownership for 8 years, the owner is looking to retire and hand the business off to a new owner to continue the success of the restaurant. This well-established profitable business has a tremendous opportunity for growth and increased profitability. The owner will share the future roadmap to address food costs, update current marketing efforts, and capitalize on offsite catering opportunities. The ideal future owners will be passionate about owning and growing a vibrant restaurant.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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