Profitable Italian Restaurant for Sale in Ohio Open for Nearly 20 Year

Macedonia, OH (Summit County)

Profitable Italian Restaurant for Sale in Ohio Open for Nearly 20 Year
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Asking Price: $250,000

Cash Flow: $136,266

Gross Revenue: $469,985

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,504.05 /Month

Established: 2003

Profitable Italian Restaurant for Sale in Ohio Open for Nearly 20 Year

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Business Description

Purchase this Incredibly Lucrative Fine-Dining Italian Restaurant for Sale in Great Location Outside of Akron - Currently Generating Approximately $470,000 in Sales Annually and over $135,000 in Owner Benefit. Don't Let This Opportunity Pass You By!
This lovely Italian Restaurant for sale is a fixture in the community and has rave reviews online. Established for almost 20 years, this is definitely the kind of place every neighborhood needs to have. The exceptionally delicious, made to order authentic Italian cuisine is the driving force behind their loyal following and bustling lunch and dinner shifts.
If you don't quite the capital to chase your dreams, We Sell Restaurants has you covered! Due to this Italian Restaurant for sale being cash flow positive, it qualifies for SBA lending. We Sell Restaurant's great rapports with conventional and SBA lenders, allowing you to get answers in days - not weeks! This is also an E-2 Visa qualified business!
This Italian Restaurant for sale caters to almost all demographics! A cozy and quaint dining room allows couples the atmosphere for a romantic date night. Earlier in the night, the eatery is packed with families enjoying a special outing and taking advantage of the delicious food. While the bar allows the happy hour and adult crowd some peace and also a view of the kitchen. If that wasn't enough, there is even a semi-private area that seats four. This is perfect for small and intimate get-togethers and can even be arranged as special seating with an up-charge.
The current owner of this Italian Restaurant for sale is so dedicated, that they are willing to provide two weeks of training after the sale. In fact, they also wouldn't mind working part-time at the restaurant! That shows the level of dedication and commitment that has been put into every inch of this thriving business - and it shows! Profitable independent restaurants are sadly not as common as they once were. This Italian restaurant for sale has seen an increase in revenue annually and has never relied on advertising!
Nestled right off a busy road within close proximity to the freeway, the traffic is outstanding. This Italian Restaurant for sale is located right next to shopping centers, strip malls, business offices, major attractions, schools, and so much more! With some small investment in advertising, there are endless possibilities that could open for you with this profitable Italian Restaurant for sale.
This beautifully built 1,355 square foot Italian Restaurant for sale is only $1,500 a month! With a month to month lease, there is no need to get overwhelmed with long leases. There is also an extra 1,400 square feet of space for storage, allowing you to use the dining and kitchen areas to their maximum capacities.
This Italian Restaurant for sale has almost 20 years of goodwill built, an incredible lease, lovely dining room, and atmosphere and an already profitable business model - it will NOT last! Call the Restaurant Brokers today before this listing is gone for good!

Detailed Information

Location:
Macedonia, OH
Real Estate:
Leased
Building SF:
1,355
Lease Expiration:
12/31/2019
Employees:
6
Facilities:
Equipment List Available Soon - Comes Fully-Equipped with Everything Needed to Operate Commercial Kitchen
Competition:
Specialty product and competitive pricing
Growth & Expansion:
Consistent product good location and great neighborhood
Financing:
Month to Month
Support & Training:
Training as long as needed
Reason for Selling:
Retirement
Business Website:
http://www.wesellrestaurants.com
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Contact the Seller

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Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Georgia Association of Business Brokers (GABB).


Sponsoring Broker:
Eric Gagnon

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