Iconic Independent Fast Food Restaurant Available
Not Disclosed, PA Delaware County
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- RE: Iconic Independent Fast Food Restaurant Available
- Contact: Richard Collins
Quick Facts
| Asking Price: | $290,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 710255492 | |
| Broker Reference #: | 45783-712277 |
Business Overview:
This well-known Delco restaurant with an almost 30-year history is known for its fast-food including Pizza, Hamburgers, Cheesesteaks, Wings plus assorted other foods. Revenues for 2018 and 2019 averaged $757,000 with the pandemic year of 2020 coming in at $652,000. Cash flow for 2018 and 2019 averaged $303,002 with 2020 reporting a very respectable $$209,735. We are waiting on 2021 numbers.
Customers can dine in, pick up or have delivery.
This restaurant has an almost a 30-year history and is located in a busy strip mall on a busy road and has great parking.
The two owners work part time. This business would be a perfect fit for a family or a partnership. The business is being sold as an owner operator business. It is offered at an incredible price given cash flow.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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