Business For Sale

Bar and Restaurant upper Montco

Collegeville, PA
Montgomery County

Asking Price: Annual Revenue:
$200,000 $1,400,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bar and Restaurant upper Montco Broker: jack benoff

Quick Facts

Asking Price: $200,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1948
Employees: 20
BBN Listing #: 184629962
Broker Reference #: Not Disclosed

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Business Overview:

A once in a lifetime opportunity is here for you to own a restaurant that has been owned by the same family since 1948. This location is a landmark in the area. The restaurant and bar are only open 5 nights per week and they also close for vacation a few weeks in the summer. They have a full staff in place to make an easy transition for a new owner. The restaurant has several dining rooms, a nice bar and a patio. They do 70% happy hour and dinner and 30% lunch. They also have a very nice catering business. Approximately 30% of their sales are from beverages. They have a very large kitchen with plenty of room to expend the menu. On weekends they have live music in the bar area. In addition to the price there is also a $100,000 escrow fee for the liquor license. Contact us about owning this landmark location.

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Property Features and Assets:

Location is a free standing building on a busy road. There is over 10,000 square feet of space plus an outside patio. The business has several dining rooms, a large bar, and two rooms for catering. There is a very large kitchen. There is a nice equipment package as well as a full POS system and a new LED sign. The rent will be $10,000 per month NNN.

Market Competition and Expansion:

The current owners are only open 5 days per week. They feel they could open 7 but don't want to change their lifestyle. They also feel that a more aggressive catering sales and marketing program should be implemented.

Reason for Selling:


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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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