Profitable Restaurant for Sale - 28828

Cuyahoga County, OH
Cuyahoga County

Asking Price: Annual Revenue:
$235,000 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Restaurant for Sale - 28828 Broker: Steven Mencini

Quick Facts

Asking Price: $235,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 17544447
Broker Reference #: 28828

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Business Overview:

Upscale restaurant located in a nice suburb surrounded by residential neighborhoods and commercial business. It has a outside deck that seats around 60 and has a beautiful room for private parties that can serve up to 40 people and it currently hosts 10 to 16 private parties a month. There are five rooms including the two sided bar area which is very spacious and can seat around 100. Total seating for the inside of the restaurant is 180. The building is in excellent shape with relatively low rent ($4,000 a month) for this area and it comes with Beer, Wine & Liquor sales and could be easily converted to a sports bar or whatever the next owner chooses with the different types of clientele in the area. The owner is willing to negotiate the price and down payment and share the net numbers with the right buyer. This turnkey profitable restaurant is a great opportunity and is just waiting for someone to take it to the next level so please call to get more information. The owner is willing to stay on for a period of time to ease the transition with the employees and all the repeat clientele.

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Reason for Selling:

Other business.

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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