Restaurants For Sale in Cincinnati Ohio

Eastside Full Service Restaurant

Advert Id: 56535, Sellers Ref: (123017)
  • Location:Cincinnati, Ohio
  • Category:Restaurant
  • Asking Price:$390,000
  • 390000
  • 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

  • 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.
  • Years Established: 1992
  • Employees: 12
  • Trading Hours: Tuesday through Sunday
  • Support Training: The seller will stay on as long as necessary to ensure the comfort level of the buyer.
  • Reason For Selling: The seller is of retirement age.
Cincinnati Business Brokers

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