Ohio Cleveland Mentor Kirtland Restaurant Banquet And Event-Center For Sale

$350,000 for the SG 11789 Ohio Cleveland Mentor Kirtland Restaurant Banquet and Event Center business only. The seller has an option to purchase the property for $2.8M, which includes the Banquet Center and 8 other businesses as tenants of the plaza, securing an 8% CAP. Seller spent over $600,000 remodeling the entire space, as well as adding a nice patio in 2024. 10,000 SF restaurant, banquet, and event center. Due to management issues and the seller's involvement in other businesses, the seller stopped the restaurant operation at the end of July and kept the catering operation going. Catering revenue is approximately $40,000 for August 2026. There are three catering reservations for September 2026. Can be a very profitable operation. Great reputation and reviews. Great atmosphere. Well equipped. Surrounded by commercial AAA businesses and residential rooftops in an upscale, heavily populated area. Lots of potential for the right family or an owner-operator. Plenty of parking. Willing to make the right deal