Hil Mak Seafoods Restaurant & Market

Ashtabula, OH (Ashtabula County)

Hil Mak Seafoods Restaurant & Market
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Asking Price: $750,000

Cash Flow: N/A

Gross Revenue: $825,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $330,000

Established: 1966

Hil Mak Seafoods Restaurant & Market

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Business Description

This property in the Bridge Street District features two businesses. A Retail Seafood Market and an iconic "Boston" style Seafood Restaurant. The Maki Family has been a staple of the Ashtabula Harbor for 50 plus years. The property also features an occupied rental property.

Detailed Information

Location:
Ashtabula, OH
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
20
Facilities:
Both businesses are fully equipped and operating. They have been maintained over the years and are in good working order. The business owns a beer and wine liquor license as well. All is included in the sale.
Competition:
The Bridge Street District is thriving. The street is lined with Bars, Pubs and Chef run Bistros. A coffee house and a brewery as well. There is a Hotel planned for the area and the Grand River Wine Appellation is very close.
Growth & Expansion:
Hil Mak Seafoods is the main provider of fresh seafood to all these establishments. With some further attention to sales the wholesale business could grow. Also the restaurant is dinner only, lunch trade could boost numbers as well.
Support & Training:
The Maki family is glad to train the new owner for a negotiable period of time.
Reason for Selling:
Retirement
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Business Location


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Business Listed By:
John DeJoy

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