$175,000 plus food inventory for the Ohio Cleveland Fairview Park Mediterranean Restaurant and Grill Business Only. $30,000 average sales per month. Large 1900 SF beautiful restaurant. Fully equipped. Excellent reputation and lots of customer loyalty. Same ownership for the last 14 years. The seller is retiring. Currently, the business is running with absentee ownership. Advertising would be a plus. Lots of Catering is available and can increase sales and profitability. The delivery service is in place and can do much better with proper marketing and advertising. Visible location on a major road with lots of traffic in a residential and commercial area. The area is heavily populated by middle to higher-income residents and many surrounding AAA businesses. There is a lot of potential, and it is still a profitable operation, which is more profitable for the right owner, operator, or family. Motivated absentee seller, willing to make the right deal with the right owner operator. The seller will assist with financing. Please "do not disturb employees" and call REMAX Preferred Group, presented by The Saleh Group for more information and showings, or visit us online.
- Asking Price:
- $175,000
- Sales Revenue:
- $360,000
- Cash Flow:
- $105,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$48,000 per annum
- Premises Details:
-
Over 1900 sq. ft. In a Major Shopping Plaza
- Size in square feet:
- 1,900
Business Operation
- Reasons for selling:
-
Seller Downsizing and retiring
Other Information
- Support & training:
-
2 weeks at no cost to the buyer
- Inventory / Stock value:
- $5,000
