Established Family Restaurant for Sale – Cleveland
Established Family Restaurant for Sale – Cleveland
Well-known local restaurant with steady foot traffic and strong customer loyalty.
Key Business Facts
Location:
Cleveland, Ohio
Category / Subcategory:
Restaurants and Food » Other Restaurants and Food
Business Overview
Operating since 2016 offering dine-in, takeout, and catering services.
Growth & Expansion Potential
Introduce delivery & online ordering
Operations & Support
Facility Details:
Fully equipped commercial kitchen & dining space
Competitive Landscape:
High Competition
Support & Training Provided:
2 months included
Seller & Financing Information
Reason for Selling:
Personal relocation
Financing Details:
Negotiable
City Demographics & Business Outlook in Cleveland
The Cleveland market continues to be a growing destination for entrepreneurs, investors, and franchise operators seeking new opportunities.
Population: 215,000
GDP: $24,500
Median Age: 34.0
Population Growth Rate: 2.30%
Major Industries: Aerospace, Defense, Engineering, Biotechnology, Manufacturing
Entrepreneurship Rate: 8.50%
Number of SMEs: 8,500
Number of Franchises: 350
Key Financials
- Cash Flow: USD$27,000
- Gross Revenue: USD$155,000
- EBITDA: USD$23,000
- Inventory: USD$38,000
- Monthly Rent: USD$8,500
Business Facts
- Category: Restaurants and Food » Other Restaurants and Food
- Established: 2016
- Employees: 12
- Is Franchise: No
- Home Based: No
Property & Assets
- Real Estate: 135,000
- Building SQFT: 3,500
- Lease Expires: Jul 2033
- FF&E Included: Yes
- Fee & Equipment: 135,000