Turnkey Cleveland Restaurant for Sale - Prime Downtown Location!

CLEVELAND, Ohio

Asking Price $150,000 Year Established 2015
Annual Revenue $349,253 Reason for Selling Retirement  
Annual P/L $0 Attention Zoltan Lukacs
Annual Cash Flow $0 Listing Number 991758  
# of Employees 8 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

This Turnkey Restaurant for Sale in Cleveland presents an attractive opportunity for a new operator seeking a fully equipped space in a consistently busy corridor. With reported sales of $349,253, this location offers a solid foundation for a buyer looking to enhance performance and grow revenue. The area benefits from year round activity generated by nearby educational institutions, medical facilities, and established retail traffic. We Sell Restaurants can assist with unsecured lending options up to $400,000 for qualified buyers.
The Cleveland Restaurant for Sale occupies approximately 700 square feet, creating an efficient layout that supports manageable overhead while still providing enough room for smooth service. Rent is a budget friendly $2,300 per month including CAM, a meaningful advantage in a competitive market. Seasonal outdoor seating for ten guests further expands capacity and offers visibility to the steady flow of pedestrians and local residents. Parking options in the vicinity add convenience for customers throughout the day.
This Turnkey Restaurant for Sale presented by We Sell Restaruants, includes a well maintained equipment package suitable for various menu concepts. The offering features a fryer, two flat top grills, blender, smallware, shelving, prep tables, scales, neon signage, trash receptacles, and seating for five. A security system with cameras is also installed. Infrastructure is in place through a 25 foot hood and a grease trap, allowing a new owner to transition smoothly into operations or implement a fresh concept with minimal changes required.
A long term lease extending through 2031 provides stability for a buyer planning future growth with options to extend. The surrounding trade area includes a mix of national brands and established neighborhood businesses, which reinforces the consistent demand and broad customer base at this prime downtown Celveland Restaurant for Sale. Daytime population is bolstered by nearby medical and educational institutions, contributing to steady traffic throughout the week.
The current owner is prepared to provide on premise training following closing, including guidance on food preparation, store setup, and supplier introductions. For someone considering buying a restaurant in Cleveland, this Turnkey Restaurant for Sale offers strong fundamentals, reliable local demand, and the advantage of an existing customer base. It is a ready to operate opportunity for a buyer seeking a manageable footprint with room to grow.
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Property Features and Assets:

1 Fryer
2 Flat Top
Blender
Smallware
Miscellaneous shelving
2 Prep Tables
3 Scale
Seating for 5 People
Security System with Cameras
Neon Signs
Trash Receptacles

Market Competition and Expansion:

High traffic and prime downtown location. Upwards trending tourism downtown Cleveland visitor count.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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