$190,000.00
This established Asian restaurant presents a compelling acquisition opportunity in Cleveland’s prestigious University Circle district. The business operates from a premium 4,000+ square foot facility with capacity for 70 guests, featuring modern interior design and professional-grade kitchen equipment representing a $450,000 buildout investment completed three years ago.
The restaurant maintains a strategic location with monthly rent of $5,500, providing exceptional value in this high-traffic academic and medical corridor. The current operation specializes in seafood and fried chicken cuisine, served by an experienced culinary and service team.
Key operational advantages include a transferable liquor license, enhancing revenue potential through beverage sales. The spacious layout accommodates menu expansion opportunities and alternative dining concepts. The establishment benefits from consistent foot traffic generated by the surrounding university community, medical facilities, and professional offices.
The business demonstrates significant untapped growth potential, as current marketing efforts remain minimal. Strategic opportunities include digital marketing implementation, third-party delivery platform integration, and catering services targeting nearby healthcare facilities. The student demographic presents additional revenue streams through tailored menu offerings and promotional programs.
The seller’s divestiture stems from portfolio consolidation rather than operational challenges, ensuring continuity of established systems and relationships. This turnkey operation requires minimal transition period while offering immediate operational capabilities and long-term expansion potential.
Financial documentation and operational records are available to qualified buyers following appropriate confidentiality agreements. The business represents an ideal opportunity for experienced restaurateurs seeking an established platform in a premier Cleveland location.
| Asking Price | $190,000 |
|---|---|
| Down Payment | $100,000 |
| Location | Baltimore County, MD |
| Revenue | $689,139 |
| Cash Flow | $141,542 |
| Year Established | 2021 |
| Year Acquired | 2021 |
| Space (SFT) | 4,000 |
| Monthly Rent | $5,500 |
| FF&E | $225,000 |
| Inventory | $20,000 |
| FT employee | 2 |
| PT employee | 6 |
| Training | 2 weeks |
All information in this document was provided by the Seller. Golden Bridge Business Advisors (GBBA) has not independently verified any financial, operational, or other data, and makes no representations or warranties regarding its accuracy or completeness.
The Buyer/User is solely responsible for conducting their own due diligence, including verifying revenues, expenses, profits, records, and all aspects of the business operations. GBBA urges all Buyers to seek independent legal, accounting, and professional advice before proceeding with a purchase.
By accepting this document, the Buyer/User agrees that all information is strictly confidential and may not be shared with any third party without written authorization.
GBBA has not performed any independent investigation, appraisal, or validation of the Seller’s statements or projections.
Any modification to the information contained herein is valid only with written approval from both the Seller and GBBA. Unauthorized changes are not effective.
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