Explosive Growth - Real Estate - 5 Night Biz - SBA

Milford, PA
Pike County

On Main Highway

Asking Price: Annual Revenue:
$899,000 $743,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Explosive Growth - Real Estate - 5 Night Biz - SBA Broker: Milford Jones
License #: BR634507000

Quick Facts

Asking Price: $899,000
Annual Revenue: $743,000
Net Profit: $273,000
Cash Flow: $273,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $500,000
Year Established: 2006
Employees: 14
BBN Listing #: 117962894
Broker Reference #: 5583

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Business Overview:

Are you looking to get out of the big city and into a nice business with a long history of success that produces some of the best dishes in the area/ This fine dining restaurant and bar could be just right for you. This owner complete reinvented this business during the COVID pandemic and sales grew from $698,000 to $743,000 despite the negative weight of the shut-down on the food business. This year the business is positioned to do over $1 million with the expansion of the garden area and the addition of pavilions, opening the door to large catering events including weddings, business parties, bar and bat mitzvahs, etc. The pavilions were open in May and BOOM! Sales were $136,000!

The food is second to none and rivals even the best restaurants in NYC, that's why people come from all around to frequent this amazing cuisine. With 4.5 to 5 stars on every website, one customer Carissa J. writes "This is one of my favorite places to go...this place is great!" And John R. writes "This is one of the best restaurants in NE PA." This broker has personally eaten here three times and the food is off the charts amazing!

The kitchen isn't operated by the owner, but he does do the menu and will help train a new owner to download his involvement in the business. If you have a warm personality, always smiling and love people, and has solid restaurant experience, then take a look at this beauty! It truly is rare and I'm not puffing this up.

An SBA loan is a slam dunk as long as you have experience, good credit and about 20% down. But don't wait because when sales hit $1 million, the price will go up in price.

Located on the edge of the Poconos, the business is only open 5 nights a week! Yes that's it! Grow the business by opening 7 nights. Do a Sunday Brunch? Market the pavilions during the summer and watch the business boom. The restaurant has a full bar and liquor license serving a wide variety of wine from around the world as well as high-end spirits.

It features 3.7 acres of land and nearly 3,800 Square Feet inside with a gigantic patio/garden area. There is a small studio apartment upstairs that can be rented. The owner is constantly improving the property with the latest addition of the pavilions.

The numbers look great for this business and getting better! Last year sales were $743,000, and during the pandemic mess created for restaurants, and working owner cash flow was $273,000.

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:

Real estate sits on 3.5 acres with a studio apartment above the restaurant. There's pavilions for outdoor dining and entertainment.

Market Competition and Expansion:

No competition in the area.

Reason for Selling:

Private Matter.

Additional Details:

  • The property is owned.
  • 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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