Business Overview:
This 16 year old established restaurant currently caters to Spanish and European clientèle, however; the beautiful layout can accommodate any kind of restaurant and bar needs. The restaurant and sports bar area seats 50 and has 2 big screen TV's. The fine dining and catering area seats 150. Catering area has a service bar as well. The main kitchen is fully equipped, has newer equipment and is located perfectly to service both areas. Both rooms have separate rest room areas which makes it easy to accommodate different parties. Restaurant is truly multi-functional. Can be used for bar trade, sports bar, night club, fine dining, comedy club or catering hall.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Updated kitchen, new equipment approx. 2 year old Newer bathrooms. Newly painted Main bar and service bar are fully equipped and in excellent condition. Seats 50 and has 2 big screen TV's. The fine dining and catering area seats 150. Catering area has a service bar as well.
Market Competition and Expansion:
This restaurant is one of the largest type Spanish & European restaurants in the Philadelphia area and is located on a major street with large traffic volume. No competition in immediate area. Philadelphia's Spanish and European population is growing tremendously and will continue to grow. This restaurant's layout can be used for anything- whatever you are looking for it can meet your needs.
Reason for Selling:
Other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: