Well known Beautiful Restaurant-28429

Geauga County, OH
Geauga County

Asking Price: Annual Revenue:
$99,000 $65,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Well known Beautiful Restaurant-28429 Broker: Steven Mencini
Owner Financing is Available!
$60,000.00 Down & $39,000 @ 6% for 36 months.

Quick Facts

Asking Price: $99,000
Annual Revenue: $65,000
Net Profit: Not Disclosed
Cash Flow: $5,600
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 51604447
Broker Reference #: 28429

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Business Overview:

Newly remodeled restaurant is a great area on a main street. The restaurant has only been open a short time and seats about 50 but could expand if the next owner wanted to expand. The bar seats around 10 but could also expand. Since the new opening the restaurants numbers have been going up. The restaurant sits is a residential area with some commercial business mixed in. Basic menu with specials running each week. The liquor license is a D5. The restaurant has a lot of opportunity to go to the next level but the current owner just has not had the time to put in to taking it to that level. This is a great opportunity considering the price includes the inventory and the owner is willing to work with the next owner for a period of time to ease the transition. The owner is willing to negotiate with the right buyer so take a look at this fabulous opportunity. Please contact us for further information.

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Reason for Selling:

Other opportunities.

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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