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Cleveland, Cuyahoga County, Ohio
West 6th Entertainment District - Owner Financing Available!
Asking Price
$2,250,000
Revenue
Call/Email
Down
$2,250,000
Cash Flow
Call/Email
Name: Gary Sardon
Name
Gary Sardon
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
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-established, profitable venture in a prime Cleveland location, offering upscale leisure experiences. It stands out for its solid financial track record, strategic location, and potential for further growth, supported by a loyal and diverse customer base. The sale presents a commercial opportunity for individuals or investor groups interested in the vibrant nightlife and entertainment industry, with operational and growth strategies well outlined for future expansion.
https://tworld.com/locations/Ohio/clevelandmetro/listings/West-6th-Entertainment-District-Owner-Financing-Available-
Business Details
Year Established:
2010
Employees:
33
FE&E:
$125,000
Reason for sale:
Other Ventures
Lease & Tenant Information
Lease Expiration:
10/11/2034
Lease Options:
$8,400
Other Information
Listing Number:
022822-700613
Sales:
$1,609,283
Seller's Discretionary Earnings:
$484,463
Inventory:
$10,000
Posting Information
Posting ID:
ID tw:81606 / Listing Number 022822-700613
Business Category:
Liquor Related Biz
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
West 6th Entertainment District - Owner Financing Available!
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*81606
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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