Business For Sale

Jumping Restaurant & Dance Lounge - Profitable

Not Disclosed, PA
Berks County

Greater Reading Area


Asking Price: Annual Revenue:
$320,000 $488,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Jumping Restaurant & Dance Lounge - Profitable Broker: Mike McCarthy
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $320,000
Annual Revenue: $488,000
Net Profit: Not Disclosed
Cash Flow: $72,250
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: 9
BBN Listing #: 337555294
Broker Reference #: Not Disclosed

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Business Overview:

This popular restaurant has a menu with an island/Latin/Mexican flavor that appeals to a younger crowd and draws in the population of the area. It consistently gets high ratings for its atmosphere. The dance lounge is also available for function rentals.

This turnkey operation, open 6 days from mid-day to late evening, presents a buyer with the opportunity to step into an operation with a proven track record, an established reputation and a recognized staff.

Features include:
• Seating for 80-90 guests
• Up-to-date equipment
• An attentive and friendly staff includes a chef/manager
• R Liquor license

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Property Features and Assets:

The restaurant/lounge has seating for 80-90 in leased adjoining units of a strip mall. A lot with ample parking is easily accessed from a main thoroughfare. All equipment is well maintained and kept up to date.

Market Competition and Expansion:

This restaurant caters to a segment of the population in the area that is significant and yet may be overlooked. The dance lounge tends to attract a younger crowd than many venues in the area.

Reason for Selling:

Retirement

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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