SG 11510 Ohio Cleveland Euclid Restaurant and Lounge

Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

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SG 11510 Ohio Cleveland Euclid Restaurant and Lounge


Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,500,000

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

Business Description
$350,000 Plus Food Inventory for the Ohio, Cleveland, Euclid Restaurant and Lounge.   Over $1,500,000 in yearly food and Liquor sales.  Profitable operation.  Higher margins of profit.  Seller is retiring after 35 years in the restaurant business.  2400 SF restaurant main area, 2400 SF Patio, and 1200 SF upstairs dining area.  Newly remodeled and suited for events and parties.  Excellent reputation with lots of loyal customers. Great atmosphere with both indoor and patio seating.  225 customer seating capacity.  Well equipped.  Currently operating from 3:00 to 11:00 pm and open till 2:00 am on weekends.  Increasing business hours would invite heavy lunch.  Surrounded by commercial and residential rooftops in an upscale, heavily populated area.  Utilizing Internet ordering will increase business and catering.  Lots of potential for the right family or an owner-operator.  Willing to make the right deal with the right down payment.  Please "do not disturb the employees".  Please call REMAX Preferred Group, presented by The Saleh Group for more information and showings, visit us online.
About the Business
Facilities & Assets
6,000 sq. ft. Restaurant, including patio and upstairs, with 225 Seating Capacity.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,000
Rent
$4,000.00 per month
About the Sale
Seller Motivation
Retiring after 35 years in the Restaurant Business
Transition Support
2 weeks at no cost to the buyer
Listing Info
ID
2488570
Listing Views

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Business Listed by: Nidal Saleh The Saleh Group RE/MAX Preferred Group

Listing ID: 2488570 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. See our full Terms of Use. Learn how to avoid scams.


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