30829 EUCLID AVE, Willowick, OH 44092
Back to Website: giovannis.IsForSale.com
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Status:Active
Price:$ 250,000
Type:Business Opportunity
Size:4,300 ft²
Features
- Sale or Lease $2500 Mo
- License D5 Beer, Wine, Liquor, 2:30am & D6 Sunday Funday
- Bar Area 4300 Sft
- Patio 838 Sft
- Front Patio Needs a Bar
Remarks
DISCRETION REQUIRED DO NOT APPROACH
EMPLOYEES DIRECT ALL QUESTIONS TO BROKER!
Priceed about market rule of thumb 2x net.property for sale $375,000
fully equipped kitchen 10-12 ft hood
2 bathrooms
2023 Gross $491,000
Calling all restaurateurs and entrepreneurs! Own a piece of Willowick's pizza and pub history with Giovanni's Pizza & Pub, formerly Spectators, Cleats, and Max Duggans. This established business is primed for major production, boasting a massive .54 acre of land and an impressive 4,300 square foot building – perfect for hosting large events and accommodating ample parking.
With a little elbow grease opportunity awaits! With a business asking price of $250,000 and a land sale asking price of $375,000, you can acquire a well-equipped space ready to serve up your culinary vision. Don't miss your chance to be a part of Willowick's vibrant dining scene! Contact us today to schedule a viewing and make Giovanni's your masterpiece.
Lease:
Current lease through 2025: $2500 per month
2025 rent: $2500 per month + triple net charges
2026-2028 base rent: $2750 per month + triple net charges
Unsecured Business short term financing 5-7 year amortization personal qualification required!
Cleveland D5 liquor permit $32,000 including Docs & transfer.
Unsecured Business short term financing 5-7 year amortization personal qualification required!
Cleveland D5 liquor permit $32,000 including Docs & transfer.
