Restaurant
Location Ohio,United States
Asking Price Range $500K - $1.0M
Gross Revenues $740000
Net Profit / Cash Flow $135000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1984
Number of Employees 10 - 19
Inventory 98500
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Seller is willing to provide training to buyer for a negotiated period of time.
Reason for Sale Retirement.
Description RESTAURANT: This beautiful, highly successful Restaurant and Lounge for sale is located in Northern Ohio near Lake Erie. In operation at this location for a quarter - century, the entire business, building and premises have been thoroughly renovated. The well rounded, innovative menu was created by the owner and chef, making this restaurant a true year round 'destination' location not only for local clientele but for travelers and vacationers as well. Selections include steak, chicken, veal, lamb, seafood, pastas and many other memorable offerings, along with an extensive array of appetizers, salads and desserts. Completing the dining experience is full bar service featuring their signature martini choices, an extensive selection of wines and champagnes, and specialties coffees. Patrons can choose between several distinct dining areas, the lounge, or the outside garden patio. The entire establishment is tasteful decorated with antiques, classic pictures and prints, and numerous items of nautical and historic interest. It generates consistent annual revenues of $700 - $800,000 while only being open daily for dinner. This restaurant and location have huge growth potential, and are in a prominent and visible location with heavy and continuous traffic flow. Owner maintains a data base that includes thousands of past and present customers. Contact us now to learn more. Serious inquiries only, please. Current owner nets over $135,000.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
