Full service restaurant and microbrewery assets

Philadelphia, PA
Philadelphia County

Mount Airy


Asking Price: Annual Revenue:
$500,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Full service restaurant and microbrewery assets Broker: Fred M Kaplan

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,300,000
Net Profit: $200,000
Cash Flow: $200,000
Total Debt: $12,000
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 18
BBN Listing #: 254260291
Broker Reference #: F1314

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Business Overview:

We are selling the assets of Earth Bread + Brewery. The business announced to its loyal customers that it is closing July 1, 2022 after operating for 13 years. Assets to be sold include all furniture, fixtures, equipment and PA Liquor Control Board "R" and "G' licenses.

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Property Features and Assets:

The restaurant has a full kitchen and wood fire pizza oven, baking flatbreads different than surrounding competitors. Two full bars on two levels. Brewery has 7-10 barrel brew system. All hard assets, intellectual property, and liquor licenses included in sale.

Market Competition and Expansion:

Location is on a corner of a busy retail corridor, across the street from a theater, with other restaurants of complimentary concepts. Attractive occupancy costs from a friendly landlord. Largest space in the neighborhood.

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.

Documents:

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