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Earn $194,000 Operating Popular Parma Heights Restaurant and Bar for Sale

Experience the thrill of success by becoming the proud owner this Restaurant and Bar for Sale in Parma Heights a Suburb of Cleveland - an amazing location that is producing $194,000  for its current owner. This opportunity is a money-making dream for qualified buyers, with SBA lending available to make it even more attractive. Unlock your financial potential today!
 
This Popular Restaurant and Bar for Sale delivered net sales totaling $939,000 in 2022 with adjusted earnings reaching up to over $197,000! Established over a decade, this popular Restaurant and Bar has shown no signs of slowing down.  Sales nearly $1mm in 2022 is proof that this independent concept is one that Parma Heights loves!
 
If you're looking for a way to finance your new Restaurant and Bar for Sale, look no further! We Sell Restaurants has lending resources to get you approved quickly and easily. You won't believe how easy the process is to get approved for a loan.  Forget your office job, and be owning your own Restaurant and Bar this summer!  Don't miss out on this great opportunity – contact us today!
 
This is a well known neighborhood Restaurant and Bar for Sale that is known for good food, good service and relaxed atmosphere. This opportunity comes fully equipped with an extensive equipment package.  Plus it's easy on your wallet - rent including all CAMs and Taxes are just $ 2,500.00 until June 2023 $ 2600.00 for another year. Renewal after 05/31/2024 $ 2800 for 3 years. 

If you have always dreamed of owning your own Restaurant and Bar, this this Parma Heights location is the one you have been waiting for!  Earn a corporate salary, without all the corporate hassles!  Be in business for yourself and make and impressive living of $194,000 per year while you are at it! 
 

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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Bar for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Robin Gagnon at (404) 800-6700

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Listing

  • Listing#: 9707
  • Price: $425000
  • Location: Parma Heights

Lease Term: New 5 Year Lease

Monthly Rent: $3900,

Indoor Seating: 105 upstairs and downstairs

Inside Sq. Ft: 3200, ,

Hood System: Yes

Hours Open: Monday -Friday 2pm to 2:30am Saturday and Sun

# of Part-Time Employees: 4

# of Full-Time Employees: 6

Net Sales: $910136.00

Owner Benefit: $192324

Features

  • Well Established Neighhborhood Bar that is a favorite
  • Great Cleveland Suburb
  • Low Overhead producing Great Profits
  • Earnings of $194,000 in 2022
  • Fully Equipped and Turn-key space
  • Own your Own Bar
  • Bar for Sale
Earn $194,000 Operating Popular Parma Heights Restaurant and Bar for Sale

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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