Seafood Restaurant for Sale in Cleveland, Ohio
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Financial Details
- Asking Price:
- $150,000
- Annual Revenue:
- $720,000
- Cash Flow / SDE:
- $180,000
- Valuation Multiple:
- 0.8x
- Location:
- Cleveland, OH, US
- Sources:
- Date:
- June 18, 2025
Key Highlights
- High monthly revenue of $60,000 with a 60% gross profit margin.
- Fully equipped 1,400 SF restaurant with excellent reputation and customer loyalty; convertible to other cuisines.
- Absentee owner is motivated and willing to assist with financing; potential for growth through catering and improved delivery.
Description
This is a seafood restaurant for sale in Cleveland, Ohio. It is generating $60,000 per month with a 60% gross profit margin. The seller is absentee. The restaurant is 1,400 SF and fully equipped. It has an excellent reputation and customer loyalty. It can be converted to other types of food offerings. There is potential to increase sales and profitability with catering options and improved delivery service marketing. The seller is motivated and willing to assist with financing.
Industry Information
- Industry Description:
- Restaurants
- Classification:
- Restaurants & Food
Listing Details
- Listing ID:
- 8673c988-085c-40e9-8e41-aea2fcd7696d
- Deal Status:
- For Sale
- Date Posted:
- June 17, 2025
- Last Updated:
- June 18, 2025
- Currency:
- USD
Features & Tags
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