NOT DISCLOSED, Ohio
| Asking Price |
$1,250,000 |
Year Established |
1934 |
|
| Annual Revenue |
$1,006,418 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Vince Liuzzi |
|
| Annual Cash Flow |
$122,480 |
Listing Number |
1010894 |
|
| # of Employees |
3 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Rare opportunity to acquire a long-established, highly recognizable full-service restaurant with included real estate in a historic Northeast Ohio community. This landmark operation has served generations of loyal customers and maintains deep roots within the local market, creating a level of brand awareness and goodwill that would be extremely difficult and expensive to replicate today.
The offering includes both the operating business and the underlying real estate, strategically structured at $600,000 for business assets and $600,000 for real estate. This blended structure creates an attractive SBA financing opportunity with potential extended amortization terms of up to 25 years for qualified buyers, significantly improving affordability and cash flow dynamics.
The business operates from a freestanding, highly visible commercial property with dedicated parking, strong accessibility, and consistent repeat traffic. The operation is fully equipped and includes substantial FF&E necessary for continued operations. A seasoned team, established systems, recognized trade name, and longstanding customer relationships position the business as a true turnkey acquisition opportunity.
This offering is ideal for an experienced owner-operator, hospitality group, local investor, or strategic buyer seeking a community-established brand with real estate control and long-term operational upside.
Strict confidentiality protocols are in place. All inquiries will require a signed NDA and buyer qualification review prior to the release of identifying information.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity