Beloved Italian American Restaurant, Northeast Ohio

Featured on BizBuySell.com . 7 viewed

Asking Price

$1,650,000

FOR SALE - ACTIVE

Detailed Information

Location

Chagrin Falls, OH (Cuyahoga County)

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This renowned restaurant in northeast Ohio has been a beloved part of the community for over 20 years, known for its Italian American cuisine with an international twist. With an extensive wine list, daily specials, and exceptional service, it stands out as a premier dining destination. The restaurant boasts strong financial performance, attracting a loyal customer base and offering growth opportunities such as expanding catering services and opening on Sundays to increase revenue significantly. Priced at $1.65 million, this well-maintained restaurant with no debt is a profitable business opportunity for those looking to take over an established dining operation with room for expansion. The current owner, with 37 years of experience in the industry, is ready to pass the reins and will support the buyer through a smooth transition. With a Weighted Average Revenue of $4.4 million and a Cash Flow of $693,120, this business presents a solid investment opportunity for individuals interested in the restaurant industry. Boasting 38 years in operation, 60 employees

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Listed By:

Name : Brad Ruth

Phone Number : Show Phone number

Brad Ruth typically replies in about 7 minutes

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