Seller's Contact Information
- RE: Earn $194K Operating Popular Parma Heights Rest.
- Contact: Robin Gagnon
Quick Facts
| Asking Price: | $425,000 | |
| Annual Revenue: | $910,136 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $192,324 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 10 | |
| BBN Listing #: | 12618096 | |
| Broker Reference #: | 9707 |
Business Overview:
Experience the thrill of success by becoming the proud owner this Restaurant and Bar for Sale in Parma Heights a Suburb of Cleveland - an amazing location that is producing $194,000 for its current owner. This opportunity is a money-making dream for qualified buyers, with SBA lending available to make it even more attractive. Unlock your financial potential today! This Popular Restaurant and Bar for Sale delivered net sales totaling $939,000 in 2022 with adjusted earnings reaching up to over $197,000! Established over a decade, this popular Restaurant and Bar has shown no signs of slowing down. Sales nearly $1mm in 2022 is proof that this independent concept is one that Parma Heights loves! If you're looking for a way to finance your new Restaurant and Bar for Sale, look no further! We Sell Restaurants has lending resources to get you approved quickly and easily. You won't believe how easy the process is to get approved for a loan. Forget your office job, and be owning your own Restaurant and Bar this summer! Don't miss out on this great opportunity - contact us today! This is a well known neighborhood Restaurant and Bar for Sale that is known for good food, good service and relaxed atmosphere. This opportunity comes fully equipped with an extensive equipment package. Plus it's easy on your wallet - rent including all CAMs and Taxes are just $ 2,500.00 until June 2023 $ 2600.00 for another year. Renewal after 05/31/2024 $ 2800 for 3 years. If you have always dreamed of owning your own Restaurant and Bar, this this Parma Heights location is the one you have been waiting for! Earn a corporate salary, without all the corporate hassles! Be in business for yourself and make and impressive living of $194,000 per year while you are at it! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
2 two door stainless preparation coolers 2 fryers 2 flat tops 2 burners 1 pizza oven 1 three-part sink 1 microwave 1 warmer 1 electronic cooking timer Hood Fire protection system 2 three-glass-door beer coolers 1 8-draft beer taps tower 3 Flat Screen TVs 2 Keno TVs 2 Lottery Kiosks 1 with Ohio Sports betting option 1 Jukebox Golden Tee entertainment machine ATM machine Nevada Gold ticket machine owned by partnering vending company Tables Chairs Siting Booths Loud Speakers throughout the whole bar upstairs and downstairs 2 tap draft beer tower 1 Beer cooler with top sliding doors 2 Flat Screen TVs 1 Keno TV 1 Entertainment device Tables and chairs 2 Garage doors leading to the patio Preparation and BackSpace 3 door stainless cooler 1 3 door stainless freezer 1 1 door stainless freezer 2 stainless preparation tables 1 Ice maker 1 Frise cutter 1 Industrial can opener 1 Stainless steel More shelving throughout the backspace 1 walk in beer cooler 1 Liquor room Downstairs Bar 1 four-door beer cooler 1 two top sliding doors beer cooler 1 cabinet with electric fireplace 3 Flat Screen TVs 1 keno TV 1 touch tunes music playing device Tables Chairs Seating booths Storage garage Heating and Cooling System Hot water boiler
Market Competition and Expansion:
Sports bar and restaurant with plenty of space inside and outside. Well known neighborhood bar known for good food, good service and relaxed atmosphere.
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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