Beloved Italian American Restaurant, Northeast Ohio
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Asking Price
$1,650,000
Detailed Information
Chagrin Falls, OH (Cuyahoga County)
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
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