Restaurant/Lounge/Party center/Caterer

Cuyahoga County, OH

Seller Financing Available

listing image
Asking Price:$600,000
Gross Revenue:$1,500,000
EBITDA:$200,000
Real Estate:$1,000,000
Cash Flow:$200,000
Inventory:$35,000
FF&E:$225,000
Established Year:1965
BUSINESS DESCRIPTION

The Best Western suburb of Cleveland, Premiere city and location seeks partner or new energized owner. Nearly 50 years of serving our community, Landmark business, huge goodwill value.


DETAILED INFORMATION
Location
Cuyahoga County, OH
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
7,600
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully operational business, sales growing much growth opportunity for a fresh motivated buyer or partner.
Competition
Market is growing and competition has diminished
Growth & Expansion
Business should be open for lunch,brunch,and catering and party center need updated marketing.
Financing
50%
Support & Training
Owner will assist in transition as needed
Reason for Selling
retirement
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Chad Chillemi
Chad Chillemi