Restaurants

Verified

West 6th Entertainment District - Owner Financing Available

Cleveland, Ohio
West 6th Entertainment District - Owner Financing Available! exterior
Asking Price
$2,250,000
Cash Flow (SDE)
$484,443
Established
2010
Franchise Units
33

Business Description

Proudly offered by Transworld Business Advisors of Cleveland-Metro / Akron / Canton, this beautiful Bar and Lounge with Entertainment plus an Outdoor Patio has produced steady and impressive growth for over 15 years, drawing in both locals and visitors alike. Discover a premier entertainment lounge with a captivating atmosphere and endless potential. Unlock the potential of a thriving nightlife destination! This stunning lounge and entertainment venue features.

Highlights:

Impressive and Reliable Revenues of 1.6 - 2+ million annually I SDE $480K - $900K+ annually Prime Location: Situated in Cleveland’s hottest entertainment district Stylish Ambiance: Elegant design with modern décor, perfect for both intimate gatherings and larger events Established brand with strong social media presence and loyal customer base which includes local celebrities and professional athletes Rare opportunity to own a high-performing, upscale nightlife destination with strong financials and major growth potential. *If you can see yourself owning this incredible opportunity, please contact Gary Sardon at 440-634-0747 or gsardon@tworld.com of TBA Metro Cleveland to learn more and start your journey toward ownership of this incredible business.

Transworld Business Advisors of Cleveland Metro | Akron | Canton is the leading and best business broker in Cleveland, providing confidential business sales, M&A advisory, valuations, franchise consulting, and exit planning. Backed by the world’s largest business brokerage network, we help owners sell with confidence and buyers acquire the right opportunities.

#ClevelandBusinessBroker #BusinessForSale #SellMyBusiness #BuyABusiness #BusinessValuation #MergersAndAcquisitions #ExitPlanning #FranchiseResales #OhioBusinessBroker

Ad#:2361635

Additional details: - Listing status: Active - Revenue: $1,609,283 - EBITDA: Not Disclosed - Cash flow: $484,443 - Reason for selling: Other Ventures - Real estate: Leased - Building SF: 13,000 - Inventory: $10,000 Included in asking price - Competition: What makes this business different? This Bar & Lounge operates within a dynamic competitive landscape characterized by its unique positioning and industry recognition. Distinctly approved by major sports leagues such as the NBA and NFL as an entertainment venue, the establishment not only leverages this approval for marketing purposes but also to attract a high-profile clientele that includes professional athletes and local celebrities. This endorsement serves as a significant competitive advantage, setting it apart from other venues in one of Cleveland' - Intermediary: Gary Sardon · Transworld Business Advisors Cleveland Metro · 440-597-3821 - Source listing: https://www.bizbuysell.com/business-opportunity/west-6th-entertainment-district-owner-financing-available/2361635/

Franchise Location Cleveland, OH
Units 33

Training Provided

4 Weeks

Support Provided

Seller financing available Financing Amount $750000,Interest 6%, Terms -72 months, Monthly Payment $12429

Territory

The outlook for the Drinking Places (Alcoholic Beverages) industry, and specifically for this Bar & Lounge, is optimistic. Anticipated investments in Cleveland’s entertainment district signal potential for increased foot traffic and customer spending. Opportunities for growth include expanding the menu, hosting more events, and strategic marketing to further boost revenue. The leadership's commitment to remaining engaged during a transition period ensures continuity and the leveraging of growth opportunities. This Bar & Lounge represents a well-establish

Franchise System Information

Number of Locations 33
Year Brand Established 2010

About the Franchise Brand

West 6th Entertainment District - Owner Financing Available! — Proudly offered by Transworld Business Advisors of Cleveland-Metro / Akron / Canton, this beautiful Bar and Lounge with Entertainment plus an Outdoor Patio has produced steady and impressive growth for over 15 years, drawing in both locals and visitors alike. Discover a premier e...

Support to Franchise Owners

Seller financing available Financing Amount $750000,Interest 6%, Terms -72 months, Monthly Payment $12429

Training Provided

4 Weeks

The information in this listing has been provided by the business seller or representative stated above. Verified Franchise Resales has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.