Business For Sale

Large Water Front Cocktail Lounge & Restaurant

Philadelphia, PA
Philadelphia County


Asking Price: Annual Revenue:
$3 $4

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Large Water Front Cocktail Lounge & Restaurant Broker: bob domico
Owner Financing is Available!
50% down or syndication with 50% owner financing

Quick Facts

Asking Price: $3
Annual Revenue: $4
Net Profit: $450,000
Cash Flow: $450,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 39
BBN Listing #: 557946600
Broker Reference #: 053

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Business Overview:

Beautiful Water Front Location.
10,000 square feet appraised $5.5 million, excellent opportunity to have a Landmark operation.
Gross over $4.5 million - High profit business!!

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Property Features and Assets:

Beautiful 10,000 square feet restaurant and lounge, well established, can be a franchise or individually owned, this beautiful water front location is worth its weight in gold.

Market Competition and Expansion:

Weddings, Parties, Rehearsal Dinners, great, Bridal shows Fashion Shows, Banquets of all kinds, great club place, brunches, funerals, many many uses.

Reason for Selling:

retiring

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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Disclaimer:

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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