Restaurant Business for sale in Cincinnati Ohio

Eastside Full Service Restaurant

Location : Ohio - Cincinnati

Category : Restaurant

Asking Price : $ 390,000

  • Sales revenue : $ 862,000
  • Net profit : $ 145,000
  • Furniture/Fixtures value : $ 15,000
  • Inventory/Stock value : $ 3,000

Business description

Established over 25 years ago by the current retirement aged owner, this is a full -  service dining, catering, and carryout restaurant.  The most recent three year average sales are $862,000 producing average owner’s earnings of $145,000. This restaurant is known for serving a wide variety of dinners, sandwiches, soups, and salads.  In addition, they also offer delivery and full -  service catering for company picnics, weddings, and parties. The restaurant is offered as an asset purchase free and clear of debt.  Other highlights include:

Excellent staff

SBA loan qualified

Clean books and records

Superb high -  quality location

Independent – not a franchise

Great customer loyalty program

Serves breakfast, lunch, and dinner

Consistent history of sales & profits

Other Information

  • Years established: 1992
  • Employees: 12
  • Trading Hours: Tuesday through Sunday
  • Real Estate:The restaurant is located in a very popular and well - travelled area on the east side of Cincinnati. It is attractively decorated and well – maintained. A considerable amount of the restaurant equipment has been recently purchased.
  • Competition:The restaurant is well – positioned as a place where one can take the family and not break the bank. Because of this, its popularity is ever increasing and has become a destination for many.
  • Expansion:Catering is the largest growth area where a buyer could move the business forward. Catering includes picnics, parties, weddings, and holiday celebrations. Increased marketing on social media websites could also drive sales.
  • Support Training:The seller will stay on as long as necessary to ensure the comfort level of the buyer.
  • Reason Selling:The seller is of retirement age.
Cincinnati Business Brokers
  • Company Details : Cincinnati Business Brokers
  • Agent Detail : Dan Long
  • Phone : Click here for phone number
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