RESTAURANT - #6052
| Asking Price: | $795,000 | Inventory: | $15,500 ++ |
| Gross Revenue: | $740,000 | Real Estate: | $500,000 ++ |
| Cash Flow: | $135,000 | FF&E: | $83,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
RESTAURANT: This beautiful, highly successful Restaurant and Lounge is located in Northern Ohio near Lake Erie. In operation at this location for a quarter – century, the entire business, building and premises have been thoroughly renovated. The well rounded, innovative menu was created by the owner and chef, making this restaurant a true year round ‘destination’ location not only for local clientele but for travelers and vacationers as well. Selections include steak, chicken, veal, lamb, seafood, pastas and many other memorable offerings, along with an extensive array of appetizers, salads and desserts. Completing the dining experience is full bar service featuring their signature martini choices, an extensive selection of wines and champagnes, and specialties coffees. Patrons can choose between several distinct dining areas, the lounge, or the outside garden patio. The entire establishment is tasteful decorated with antiques, classic pictures and prints, and numerous items of nautical and historic interest. It generates consistent annual revenues of $700 - $800,000 while only being open daily for dinner. This restaurant and location have huge growth potential, and are in a prominent and visible location with heavy and continuous traffic flow. Owner maintains a data base that includes thousands of past and present customers. Contact us now to learn more. Serious inquiries only, please. Current owner nets over $135,000.
About the Business
Year Established:1984
Employees:3 full time - 10 part time
About the Sale
Management Training and Support:Seller is willing to provide training to buyer for a negotiated period of time.
Reason For Selling:Retirement
Seller Financing:Seller might consider financing a small portion of the sale for a qualified buyer.
KEYWORDS: food, beverages, restaurant, steak, chicken, veal, lamb, seafood, pastas, appetizers, salads, desserts, Ohio, OH
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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