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Pennsylvania Business For Sale |
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| SOUTH PHILLY RESTAURANT AND BAR |
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| Attn: Dan Mellbye |
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| South Philly, PA, USA |
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| Asking Price: |
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$342,000 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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2006 |
| Yearly Revenues: |
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$572,000 |
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Business for Sale Overview:
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South Philly Restaurant and Bar For Sale. Recently remodeled space includes lease with 13 years left currently at $4,000 per month, large kitchen in basement, new bathrooms, new dining room furniture and marble bar and fixtures. Fully equipped sound and security system. Liquor License also included.
1. Food compromises approximately 72% of Sales.
2. Bar/Beverage compromises approximately 28%.
Growth in this industry is tending away from food and large portions to drinks and smaller portions with a more open air environment. Great opportunity for someone to re-concept to a more casual type atmosphere, open the walls for sidewalk seating with retractable windows, and increase beverage sales. All of the interior remodeling is done and very little left to be desired.
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Property Features and Assets:
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Great location in heart of several Italian restaurants of destination. |
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Additional Details:
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- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be 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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