Top-Rated 36-Year Mediterranean Restaurant + Full Liquor
Business Description
Rare opportunity to acquire a 36-year-old, 5-star Mediterranean and Syrian restaurant in the affluent Sylvania suburb of Toledo, Ohio. This is a true turnkey operation — fully equipped, fully staffed, and generating revenue from Day 1.
BUSINESS HIGHLIGHTS
-42 years in continuous operation (est. 1984, originally as Barada) — one of the longest-running Mediterranean restaurants in Northwest Ohio
-4.7 stars on Google with 160+ reviews — the highest-rated Mediterranean restaurant in the Toledo market
-80-seat full-service dining room with modern decor and comfortable atmosphere
-D5-D6 Ohio liquor license — full spirits, beer, wine, cocktails, and Sunday sales included in the sale
-Loyal, multi-generational customer base with consistent new customer growth
-Featured in the Toledo Blade and recognized by Restaurant Guru with multiple awards
-Catering and private event capability already in place
FACILITY & EQUIPMENT
Approximately 2,600 SF fully built-out restaurant space including two walk-in coolers, commercial hood and fire suppression system, complete commercial kitchen, POS system, and all furniture, fixtures, and equipment. A comparable buildout from scratch would cost $200,000–$400,000+. Everything conveys with the sale.
LOCATION
Situated on the Monroe Street corridor in Sylvania's Marketplace Plaza at the signalized intersection of Monroe St and Alexis Rd. Over 22,000 vehicles per day on Alexis Road. Ample parking, two plaza entrances, and proximity to Franklin Park Mall. Sylvania's median household income is $95,610 — 50% above the Toledo metro average — providing a strong, affluent customer base with high discretionary spending.
GROWTH OPPORTUNITY
The restaurant currently operates limited hours (dinner Mon–Sat, lunch Thu–Fri only, closed Sundays). A new owner who expands to daily lunch service and adds Sunday brunch could realistically increase revenue 25–40% with no additional buildout. Mediterranean cuisine is the fastest-growing restaurant segment in the U.S. at 3.0% CAGR, driven by health-conscious consumer demand and cultural flavor exploration.
WHY THIS BUSINESS
You are not buying a startup. You are buying 42 years of proven demand, a top-rated reputation that took decades to build, a fully equipped facility, a transferable liquor license, and a customer base that keeps coming back. This is the kind of restaurant people drive across town for.
Seller financing available for qualified buyers. Owner will provide 30–60 day transition training including recipes, vendor relationships, and operations. Serious inquiries only. NDA required for financial details.
BUSINESS HIGHLIGHTS
-42 years in continuous operation (est. 1984, originally as Barada) — one of the longest-running Mediterranean restaurants in Northwest Ohio
-4.7 stars on Google with 160+ reviews — the highest-rated Mediterranean restaurant in the Toledo market
-80-seat full-service dining room with modern decor and comfortable atmosphere
-D5-D6 Ohio liquor license — full spirits, beer, wine, cocktails, and Sunday sales included in the sale
-Loyal, multi-generational customer base with consistent new customer growth
-Featured in the Toledo Blade and recognized by Restaurant Guru with multiple awards
-Catering and private event capability already in place
FACILITY & EQUIPMENT
Approximately 2,600 SF fully built-out restaurant space including two walk-in coolers, commercial hood and fire suppression system, complete commercial kitchen, POS system, and all furniture, fixtures, and equipment. A comparable buildout from scratch would cost $200,000–$400,000+. Everything conveys with the sale.
LOCATION
Situated on the Monroe Street corridor in Sylvania's Marketplace Plaza at the signalized intersection of Monroe St and Alexis Rd. Over 22,000 vehicles per day on Alexis Road. Ample parking, two plaza entrances, and proximity to Franklin Park Mall. Sylvania's median household income is $95,610 — 50% above the Toledo metro average — providing a strong, affluent customer base with high discretionary spending.
GROWTH OPPORTUNITY
The restaurant currently operates limited hours (dinner Mon–Sat, lunch Thu–Fri only, closed Sundays). A new owner who expands to daily lunch service and adds Sunday brunch could realistically increase revenue 25–40% with no additional buildout. Mediterranean cuisine is the fastest-growing restaurant segment in the U.S. at 3.0% CAGR, driven by health-conscious consumer demand and cultural flavor exploration.
WHY THIS BUSINESS
You are not buying a startup. You are buying 42 years of proven demand, a top-rated reputation that took decades to build, a fully equipped facility, a transferable liquor license, and a customer base that keeps coming back. This is the kind of restaurant people drive across town for.
Seller financing available for qualified buyers. Owner will provide 30–60 day transition training including recipes, vendor relationships, and operations. Serious inquiries only. NDA required for financial details.
About the Business
- Years in Operation
- 36
- Employees
- 3 Part-time
- Website
- https://www.facebook.com/damascenegrilltoledo/
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
Listing Info
- ID
- 2484135
- Listing Views
Business Location
Listing ID: 2484135 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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