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
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Asking Price: $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

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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

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
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Dan Long

Business Listed By:
Dan Long

Cincinnati Business Brokers

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