$600,000 Plus Food Inventory for the Ohio Cleveland Euclid Burger and Fast Food Restaurant and Bar Business Only. $80,000 in average monthly sales with higher margins, including profitable liquor sales. Full liquor bar with licensing that allows liquor sales up to 2:00 am. Profitable, long-established Burger and fast-food restaurant serving a loyal customer base for more than six years. This turnkey operation generates approximately $260,000 in Seller's Discretionary Earnings (As an owner-operator) and offers carryout, catering, and online ordering revenue streams. (LOTS OF POTENTIAL). Advertising and marketing would be a great plus to increase sales and profits. Great reputation and lots of loyal customers. Established business. E-2 visa qualified. Visible location and lots of traffic in a residential and commercial area. (Profitable operation). Remodeled with lots of upgrades. Beautiful restaurant in a location near three hospitals, surrounded by AAA credit tenants and businesses. Motivated seller who is changing careers. Great opportunity for the right owner-operator or a family.
- Asking Price:
- $600,000
- Sales Revenue:
- $950,000
- Cash Flow:
- $265,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$91,800 per annum
- Premises Details:
-
2700 sq. ft. Street Front
- Size in square feet:
- 2,700
Business Operation
- Reasons for selling:
-
Seller Downsizing and changing careers
Other Information
- Support & training:
-
2 weeks at no cost to buyer
- Inventory / Stock value:
- $20,000
