125 seat Italian restaurant CLEVELAND OHIO
Cleveland, OH
Asking Price: | $433,000 |
Gross Revenue: | $500,000 |
Rent: | $4,500/Month |
FF&E: | $100,000 |
Cash Flow: | $500,000 |
Inventory: | $100,000 |
EBITDA: | $250,000 |
Established Year: | 2004 |
Listing ID: 2265238Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established business
All equipment, recipes, supplies, inventory
and sunday liquor license will transfer to new owner
DETAILED INFORMATION
Location
Cleveland, OH
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,750
Lease Expiration
31/12/2025
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Ovens, hoods, multiflow, Sunday liquor license, wine beer liquor , tables chairs fryer + more
Competition
Above average traffic
busy intersection located between i90 and i71/i480
20 streets away from a starbucks + mcdonalds 13 streets away from a dunkin
Growth & Expansion
below inflation menu pricing / majority food sales / longer hours / open 6 days a week / system reorganization and modernization to increase efficiency
Financing
seller financing Possible, 10% down balance over 5 years
Support & Training
negotiable
Reason for Selling
Retirement
BUSINESS LOCATION
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