125 seat Italian restaurant CLEVELAND OHIO

Cleveland, OH

Seller Financing Available

listing image
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
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
Report an Issue with this listing
Joe Hinkle
Joe Hinkle