Multi Purpose Profitable Bar/Restaurant - 29056

Not Disclosed, OH
Cuyahoga County


Asking Price: Annual Revenue:
$495,000 $1,500,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Multi Purpose Profitable Bar/Restaurant - 29056 Broker: Steven Mencini
Owner Financing is Available!
$350,000.00 Down & $145,000 @ 6% for 36 Months.

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $405,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 19
BBN Listing #: 77994447
Broker Reference #: 29056

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Business Overview:

Very profitable multi purpose bar/restaurant, sitting on a main street with plenty of parking. It can sit 35 at the bar, and has another area just off the bar, with booths and high-top tables that can accommodate about 50 people. Adjacent on the other side of the bar, there is a bigger room that can seat anywhere from 80 - 100, and has a stage for entertainment. This bigger room can also be configured for just tables and chairs for dining, or any other event. The bar/restaurant hosts many events, with and without bands, for private parties and fundraisers. There is also a patio that is enclosed for the winter months, and is used year-round. Also featured throughout the bar/restaurant are 20 HD TVs and big screen TVs. The liquor license is a D6, and lotto is also available. The owners are more than willing to work with the next owner for a period, to be negotiated, to ease the transition with the clientele and employees. Also, the owner is willing to negotiate the price and downpayment with the right buyer. This is an excellent opportunity to walk into a turn-key bar in a great location, so come take a closer look. Please contact the broker for further information or email us.

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Reason for Selling:

Other opportunities.

Additional Details:

  • The property is owned.
  • The owner is not 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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