Established AmericanGreek Restaurant with Real Estate
$495,000
Real estate included
The property comes with the business.
Training included
The seller will help you get up to speed after closing.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
Step into a culinary legacy with this well-loved American/Greek restaurant, serving the community since 1978. Known for its warm atmosphere and fusion of traditional American and Greek dishes, this eatery boasts a loyal customer base. Features a welcoming dining area, fully equipped kitchen, and a robust menu. A rare opportunity to own a cherished local gem with endless growth potential.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$495,000
- Annual Revenue$616,611
- SDE$183,844
- 2.7×
- Price to SDE
- 0.8×
- Price to revenue
- 30%
- SDE margin
- Approx. Inventory Value
- $5,520
Details
- 1978
- Established · 48 yrs
- 15
- Employees
- Restaurant
- Business type
- Owned · included in price
- Premises
Financing & transition
- Training after the sale
- Included
- Cost
- Free
- Duration
- 4 weeks
Property & lease
- Premises
- Owned
- Included in Sale Price
- Yes
Where it is · Cleveland, Ohio
Somewhere in Cleveland, Ohio. The exact address is not on this listing.
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