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Ohio Cleveland Euclid Burger And Fast-Food Restaurant And-Bar For Sale

Ohio, US
Asking Price:
$600,000
Sales Revenue:
$950,000
Cash Flow:
$265,000

$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.

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