21919 Center Ridge Rd, Rocky River, OH 44116

Property Info

Remarks

DISCRETION REQUIRED DO NOT APPROACH

EMPLOYEES DIRECT ALL QUESTIONS TO BROKER!

Owner Retiring!! Owner Financing Available!!
Dominic’s Pizza opened here on June 21, 1965, After decades of dedication, Dominic’s son is retiring, but the legacy lives on as Dominic’s Pizza continues to be proudly served at The Woods.

2023 Gross $1.5+ mm
Adjusted Net $250k+
Below market rule of thumb 3x net based on historic performance.
Employees- 35

The synergy between The Woods and Behind the Woods creates a unique opportunity to maximize revenue by leveraging 2 fully permitted spaces and two full commercial kitchens. Together, they offer seamless support for both everyday dining and large-scale events, ensuring exceptional service and culinary quality for any occasion. Situated on a generous 1-acre parcel with ample parking, conveiently combining the fully permitted spaces to support both dining and large-scale events.

The current operating hours for The Woods total 24.5 hours per week, which represents 17.5% of the maximum possible operating hours (140 hours per week) based on the legal maximum. 
The Woods delivers a proven $250K annual net profit operating at only 17.5% capacity. By expanding hours by 18 per week, projected net profit could exceed $433K annually. This is an extraordinary opportunity to unlock untapped growth with significant dedication.

The Woods: 3850 Sft- Permits  D1 D2,D3 until 1 am & D6 Sunday Fun Day!! 
In business since 1983, is a cozy, neighborhood, family-run restaurant offering a beautiful all-wood paneled interior, outdoor patio and full-service on-site & off-site catering and beautiful party center. Offering a full menu of truly homemade Italian meals from appetizers to entrees: steak, fish, sandwiches, pizza, pasta, and vegetarian items. Open 7 days a week until late night in our lounge. We also offer catering at your venue or for you to pick-up.

Behind the Woods: 3800 sf  Permit D5 Until 2:30 & D6 Sunday Funday!!
The Westside of Cleveland's premier party center with two fireplaces and wood paneled bar perfect for  gathering of 40 to 150 guests. A beautiful facility for wedding receptions, bridal or baby showers, retirement or birthday parties or business seminars with separate dining and meeting areas. Special packages for memorial gatherings. To fully utilize the party center's permits, consider creating and hosting themed events or regular community gatherings to increase sales, attract more guests and increase bookings.

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