NEW PRICE.Turnkey Spotless Restaurant With License
Not Disclosed, PA Schuylkill County
Asking Price:
$295,500
Annual Revenue:
$152,000
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- RE: NEW PRICE.Turnkey Spotless Restaurant With License
- Contact: Mike McCarthy
Quick Facts
| Asking Price: | $295,500 | |
| Annual Revenue: | $152,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $250,000 | |
| Year Established: | 2007 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 348955294 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Value-priced turnkey restaurant and full bar with PLCB license with spotless record. Best prime rib around. Ideal for a chef/owner who wants to RUN a restaurant, not maintain one. This hundred year-old restaurant was COMPLETELY redone (all new equipment, furnishings, etc.) in 2009 over $400,000 invested. Two apartments with separate entrances and utilities could supplement income or provide lodging for owners and/or staff. Two newer outbuildings--12x24 garage and 18x28 enclosed carport. Loads of parking. Seats 52 plus 12 at the bar.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 hundred year-old restaurant was COMPLETELY redone (all new equipment, furnishings, etc.) in 2009 over $400,000 invested. Seats 52 & 12 at the bar. Two apartments with separate entrances and utilities could supplement income. Approximately 3/4 acre includes ample parking. Area poised for significant growth with construction of a major medical facility to complete in 2019. Includes liquor license.Market Competition and Expansion:
Hours can be extended at no additional capital cost. As stated, the immediate area is poised for significant growth with construction of a major medical facility to complete in 2019 and associated residential development.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- 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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