Cleveland, OH

Back to Website: BeerheadFlats.IsForSale.com

Status:Active
Price:$ 330,000
Type:Commercial
Size:3,500 ft²

Features

  • Lease $12500 Mo 2023 Average
  • License D5J Beer, Wine, Liquor, 2:30am & D6 Sunday Funday
  • Bar Area 3500 Sft
  • Large Patio
  • RARE LOCATION

Remarks

-Build out alone is 2.5x of asking price
-D5j License Entertainment District
-total lease cost for 2023 roughly $12,000 Mo
-Conveyor Oven
-Stsge great for parties & entertainment 
-2 bathrooms
-2023 Gross $1,400,000
-27 employees. 2 full time managers on salary, 2 part time managers paid hourly, 8 part time hourly workers in kitchen, 15 part time servers and 'front of house' workers.
-The franchisor is offing spectacular terms to keep this a Beerhead in perpetuity a royalty fee of only 2% or a one time fee of $35,000. And a reduced franchise transfer fee. 

Unsecured Business short term financing 5-7 year amortization personal qualification required!
Cleveland D5 liquor permit $32,000 including Docs & transfer.


TJ Weigel Broker Strategy for EVERY market!

eAgent Real Estate

8806 Mentor Av Unit E
Mentor, OH 44060

(440) 391-2340

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