Bar Restaurant for Sale in Philadelphia, PA.

Philadelphia, PA
Philadelphia County

Philadelphia, PA


Asking Price: Annual Revenue:
$1,990,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bar Restaurant for Sale in Philadelphia, PA. Broker: Eleanor Owner
Owner Financing is Available!
Seller financing available with $500,000 down!

Quick Facts

Asking Price: $1,990,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $311,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,500,000
Year Established: 1944
Employees: 20
BBN Listing #: 689917398
Broker Reference #: 1382

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Business Overview:

Bar/ Restaurant for Sale in Philadelpia, PA. Newly remodeled 6,000 Square Feet bar/restaurant with open air windows located in an excellent area with strong demographics. Sits on large lot with parking for 70 cars. Currently being run Absentee Owner. Seller financing available with $500,000 down. Hotel license included. Real estate valued at approximately $1,500,000. Excellent turnkey operation with potential to grow!

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Property Features and Assets:

6,000 Square Feet. Newly remodeled. Open air windows. Large lot.

Market Competition and Expansion:

Excellent area with strong demographics!

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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