You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Turn key restaurants

147 Cedar Hl Rd Lancaster, OH 43130-3637

1,770 SF 0.19 ac lot Built 1900
Individually Owned 5-yr Hold Free & Clear
Property ID
US66-1999345
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire a well-established and highly-rated pizza restaurant in Lancaster, Ohio. Located at 147 Cedar Hill Road, this turnkey operation boasts a rich 20-year history as Sugar Bears Pizza, built upon a legacy of over 50 years in the pizza industry. The property includes two parcels totaling 13,939.2 square feet, featuring a 1,866 square foot dine-in restaurant with a drive-thru window (currently inactive). Ample parking is available for 12+ vehicles. The sale encompasses the business and trade name, along with established recipes and well-maintained equipment. Sugar Bears Pizza enjoys a stellar reputation, evidenced by its 4.6 Google rating and 4.5 TripAdvisor rating, attracting a loyal customer base from Lancaster and beyond. The convenient location offers easy access from Lancaster and two nearby 33 Bypass interchanges. Significant growth potential exists through the addition of delivery services, extended hours, and expanded menu offerings. The asking price is $749,900. This is a rare chance to own a thriving business with a proven track record and substantial upside. Serious inquiries only, please do not contact the business directly.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction STEEL FRAME
Total area 1,770 SF
Lot 0.19 ac (8,141 SF)
APN 053-60735.00
UPID US66-1999345
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sugar Bears Pizzeria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Beatty Sisters Ltd · 5 yrs held
Beatty Sisters Ltd
since 2021
Last sale
$100,000
1 recorded transaction
2021
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 147 Cedar Hl Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message