SG 10586 Ohio Cleveland Upscale Restaurant and Lounge
Asking Price: | $450,000 |
Gross Revenue: | $1,550,000 |
Rent: | $4,000/Month |
Cash Flow: | $450,000 |
Inventory: | $40,000 |
Established Year: | 2000 |
$450,000 Plus Food Inventory for Ohio Cleveland Upscale Restaurant and Lounge. Over $1,550,ooo in yearly food and Liquor sales. Profitable operation. Higher margins of profit. Seller retiring after 35 years in the restaurant business. 2400 SF restaurant main area and 2400 SF Patio and 1200 SF upstairs dining area. Newly remodeled and suited for events and parties. Great reputation with lots of loyal customers. Great atmosphere with both indoor as well as patio seating. 225 customer seating capacity. Well equipped. Currently operating from 3:00 pm to 11:00 pm and open till 2:00 am weekends. Increasing business hours would invite heavy lunch. Surrounded by commercial and residential roof tops in an upscale heavily populated. Utilizing internet ordering will increase business as well as catering. Lot's 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 The Saleh Group - RE/MAX Preferred Group for more information and showings visit us online.
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