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Business For Sale
BAR & RESTAURANT
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Asking Price: |
$500,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Other Interests |
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Year Established:
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2003 |
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# of Employees:
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20 |
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Yearly Revenues:
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$537,000 |
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Yearly Cash Flow:
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$196,800 |
Business for Sale Overview:
Bar has 2 floors 2400 SF each.Upper floor all Bar/ Rest. Lower floor has kitchen with dumbwaiter, office, beer boxes and storage. Option to purchase RE at " fair market "value from landlord in June of 08. Nice pub on busy road in NE Philly. All equipment recently refurbished. Bar has a sports theme 15 TV's & sports memorabilia on the wall, Pool table,dart board in the back. Fri, Sat, has DJ or band, Sun Football
Property Features and Assets:
2400 square foot bar and restaurant on first level and 2400 square foot lower level with kitchen and dumbwaiter. Has long lease. Rent is $3000 per month.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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