MergerPlace

Quick Service Restaurant

Ohio


  • Asking Price: $180,000
  • Gross Income: $376,616
  • Cash Flow: $84,074
  • Real Estate: Not Disclosed
  • Inventory: $8,500
  • FF&E: $36,505
  • Listing ID: #211065
  • Established: 2010
  • Employees: 3 FT / 1 PT

Business Description

As the sole quick-service-restaurant in a downtown Cleveland office building, this established business has a very steady, repeat clientele and increasing profits. There are no fryers on site as the menu consists of healthy and unique wraps, sandwiches, smoothies, soups, salads and coffees. Open only for breakfast and lunch Monday through Friday, this restaurant offers its owner the ability to work near-regular business hours and have weekends and holidays off! Primarily a carry-out venue, delivery is also available.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Ohio

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 1 PT

Financial Information

Asking Price: $180,000
Gross Revenue: $376,616
Cash Flow: $84,074
FF&E: $36,505
Inventory: $8,500
Seller Financing Available: No

Property Information

Facilities:

1,700 sq ft located within an office building in downtown Cleveland, including ample refrigeration, storage and prep space.

Growth & expansion opportunities:

Increased advertising of existing catering services, the use of additional delivery services and development of a social media/online presence and advertising could easily spur growth of the business.

Competition:

Though there are many places to eat in the surrounding area, this is the only food-service location within its building giving it a regular, steady clientele. It is also accessible to the public as the restaurant is on the ground floor of its building.

Reason for selling:

The current owner is pursuing other business ventures.

Support & Training:

Will train for 4 weeks @ $0 cost. In addition to food, coffee and espresso products are available.

Contact Business Seller

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Business Listed By:

Nadia Mullin

Murphy Business Brokers