Eastside Full Service Restaurant - Trip Advisor Hall of Fame Member

Cincinnati, OH (Hamilton County)

Seller Financing Available
Eastside Full Service Restaurant - Trip Advisor Hall of Fame Member
Contact Seller

Asking Price: Get Financing: $289,000

Cash Flow: $145,000

Gross Revenue: $862,000

EBITDA: $145,000

FF&E: $15,000

Inventory: $3,000

Lease Rate: N/A /SF

Established: 1992

Eastside Full Service Restaurant - Trip Advisor Hall of Fame Member

Get Financing Save Print Share Valuation Report

Business Description

Eastside Landmark

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. They have received the certificate of excellence from Trip Advisor for 4 years in a row! There is also a Rewards Program in place with 3,000 loyal members. 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
Excellent rating on Yelp and Google

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
Growth & 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 for Selling:
The seller is of retirement age.
Contact Seller

Contact the Seller

Contact Seller Loading

Dan Long

Business Listed By:
Dan Long

Cincinnati Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1456208 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings