Upscale Bar & Lounge with Entertainment and Outdoor Patio in Cleveland's Entertainment District - Owner Financing Available

View Original Listing

Financial Details

Asking Price:
$2,250,000
Annual Revenue:
$1,609,283
Cash Flow / SDE:
$484,443
Profit Metric:
Cash Flow
Valuation Multiple:
4.6x
Location:
Cleveland, OH, US
Source:
Date:
October 07, 2025

Key Highlights

Prime location in Cleveland's vibrant entertainment district with a proven track record of steady growth.
Owner financing available, offering attractive terms to qualified buyers.
Established brand with a high-profile clientele, including professional athletes and celebrities, and approval from major sports leagues.

Description

This listing presents a premier Bar & Lounge with Entertainment and an Outdoor Patio, located in Cleveland's highly sought-after entertainment district. Established in 2010, the business has demonstrated consistent growth, generating annual revenues between $1.6M and $2M+. It boasts a stylish ambiance, a strong brand presence, and a loyal customer base that includes local celebrities and professional athletes, further enhanced by its approval from major sports leagues like the NBA and NFL. The business offers significant growth potential through menu expansion, increased event hosting, and strategic marketing. Owner financing is available, with terms including $750,000 financed at 6% interest over 72 months. The property is leased, and the owner is willing to provide training and assistance during the transition. This is a rare opportunity to acquire a high-performing nightlife destination in a dynamic market.

Industry Information

Industry Description:
Food & Beverage: Bars, Clubs, Nightspots
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
2010
Employees:
33
Reason for Selling:
Other Ventures

Real Estate & Lease

Status:
Leased

Assets & Inventory

FF&E Value:
$125,000 USD
Includes FF&E:
Yes

Broker Contact

Name:
Gary Sardon
Company:
Transworld Business Advisors of Cleveland-Metro / Akron / Canton
Email:
[email protected]
Phone:
440-634-0747

Listing Details

Listing ID:
806f70e9-67ea-47fe-930b-6ed6b3df2539
Source Listing ID:
990442
Deal Status:
For Sale
Last Updated:
October 07, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified