Back to businesses for sale
Accommodation & Food Services

Ohio Cleveland Seafood Restaurant Opportunity

Cuyahoga County, OH, USA
Listed 94 days ago

$100,000 (or best offer) plus food inventory for the Ohio Cleveland Seafood Restaurant Business Only. Property can be purchased for an additional $450,000. Seller is willing to finance the business and property with a 40% down payment. SELLER IS MOTIVATED AND WILLING TO FINANCE THE BUSINESS AS WELL. The restaurant is currently producing an average of $40,000 per month. The seller is retiring. Business used to do much more than current sales. Same ownership for the past 29 years. A 1,600 SF restaurant that comes with considerable potential. Fully equipped. Excellent reputation and a history of customer loyalty. Can be converted into other types of businesses, such as a gas station, convenience store, drive-thru, tire shop, smoke shop, or clothing store. Advertising would be a plus. A variety of Catering Options is available to increase sales and profitability. A delivery service is a plus, but it can improve significantly with proper marketing and advertising. Located on a very busy street with over 20,000 cars passing. Middle-income residents and many surrounding businesses, including those affiliated with AAA, heavily populate the area. Takes you straight to downtown Cleveland and Beachwood. There is considerable potential, and it remains a profitable operation, which could be even more profitable for the right owner, operator, or family. Motivated absentee seller, willing to make the right deal with the right owner operator. The seller will assist with financing. Please do not disturb employees. For more information and showings, visit us online.

Real Estate

Lease

Leasehold Rent

$42,000 per annum

Premises Details

1600 sf standalone building with lots of parking

Support & Training

2 weeks at no cost to the buyer

Size In Square Feet

1,600

Inventory / Stock Value

$3,000

Reason for Selling

Retiring

Financials

Asking Price
$100K
RevenueMost Recent Year
$480K
Earnings (SDE)Last Reported
$150K
Assets Value
Undisclosed
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

Profitable Franchise Juice & Coffee Café with Expansion Rights

Profitable Franchise Juice & Coffee Café with Expansion Rights

Broward County, FL, USA
Updated 7 hours ago
Verified about 7 hours ago
Asking Price
$375K
Earnings
$139K SDE
Fully Remodeled Fast Casual Restaurant Q1 2025

Fully Remodeled Fast Casual Restaurant Q1 2025

Palm Beach County, FL, USA
Updated 7 hours ago
Verified about 7 hours ago
Asking Price
$199K
Earnings
Undisclosed
Profitable Custom Cake & Dessert Business with Catering

Profitable Custom Cake & Dessert Business with Catering

Broward County, FL, USA
Updated 7 hours ago
Verified about 7 hours ago
Asking Price
$200K
Earnings
$50K SDE