Highly Rated Italian Seafood BYOB with Great Cash

Not Disclosed, PA
Montgomery County

Asking Price: Annual Revenue:
$495,000 $868,927

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Highly Rated Italian Seafood BYOB with Great Cash Broker: Richard Collins
Owner Financing is Available!

Quick Facts

Asking Price: $495,000
Annual Revenue: $868,927
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 469155492
Broker Reference #: 45783-925724

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Business Overview:

This Rustic Italian Seafood BYOB has the freshest Seafood in the Philadelphia area and great Italian specialties as well. Ahh, to have connections in the seafood business.
The current owner operates the restaurant Tuesday through Sunday between 5 PM and 10 PM, only serving dinner. The revenues and cash flow this restaurant generates, given it's a BYOB and only open in the evening, is truly amazing.
The opportunity for a new owner is incredible. If a new owner added just weekend brunch (there are no restaurants doing brunch in the area) revenues and cash flow could increase dramatically. Currently the owner does no advertising; with advertising, both sit- down diners and app-based delivery (the fastest growing sector of the restaurant business), should see increased revenues and profits. There are also two high end residential developments currently under construction within walking distance that will add over 300 housing units to the area.
Take advantage of this owner's desire to move on to a new project. He is willing to finance part of your turnkey purchase. Purchase this restaurant and start making money day one.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This restaurant was established in 2011 by the current owner and from the beginning was not only profitable but highly rated.

Market Competition and Expansion:

There are plenty of restaurants in Philly and the surrounding areas but this restaurant is known for the freshest seafood in the area so to say it has any real competition just isn't true.

Reason for Selling:

Other business interests.

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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