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Pennsylvania Business For Sale |
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| 5543 - RESTAURANT (BYOB) |
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| Attn: Not Available |
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| Philadelphia, PA, USA |
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| Asking Price: |
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$110,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Other business interests |
| Year Established: |
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1970 |
| # of Employees: |
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6 |
| Yearly Revenues: |
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$316,000 |
| Yearly Cash Flow: |
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$20,000 |
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Business for Sale Overview:
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Philadelphia, PA. Located in one of the city’s premier upscale restaurant communities. This location has been operating as a restaurant for almost four decades. For many years on Philadelphia’s where to be seen list! In its current configuration it serves dinners daily and a Sunday Brunch. This BYOB offers a room great for private parties as well as a location already zoned for a liquor license, and a permit for outside seating. Sales breakdown as follows dinner 70% private parties 20% brunch 10 %. A new owner/operator can take advantage of the $150,000 of upgrades recently completed, and the limited hours of operation. You hear location, location, location, means everything if you agree you must visit for yourself. Restaurant has been run absentee and is in need of an experienced, motivated owner/operator who will take advantage of the renovations and the location. Tenant has first right of refusal to purchase the property. Cash flow projected is for one full-time owner/operator.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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