SG 11736 Ohio Cleveland Seafood Restaurant Opportunity

Ohio, Cleveland Seafood Restaurant Opportunity Property and Business Sale SELLER FINANCING $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 ” and call The Saleh Group at 614-500-8500 for more information and showings, or visit us online at http://salehgroup.com . Property Details SG Number: SG 11736 Business Type: Restaurant Business Name: SG 11736 Ohio Cleveland Seafood Restaurant Opportunity Listing Price: $100,000 Down Payment: TBD Proposed Seller Financing: Yes Inventory Value: $3,000 Annual Gross Sales: Over $480,000 Annual Owner Profits: Over $150,000 Seller Discretionary Earnings: $150,000 Monthly Rent / Mortgage Payment: $3,500 Seller Competition: Seller to sign a no compete Years Seller has Owned/Operated Business: 0 Owner Qualifications: Needed but not required Reason for Selling: Retiring # of Employees/Management: 2/shift Hours of Operation: 10 am - 11 pm 7 days/week Building Size/Type: 1600 sf standalone building with lots of parking Training Provided: 2 weeks at no cost to the buyer State: OH Country: U.S.A. Status: active Branding: Independent Tagged Restaurant seafood Cleveland Ohio Saleh Group