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NEW PRICE.Turnkey Spotless Restaurant With License
Not Disclosed, PA
SCHUYLKILL County
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| Asking Price: | Annual Revenue: |
| $295,500 | $152,000 |
Food & Beverage: Restaurants, Fast Food, Deli
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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 |
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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.
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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:
Retirement
Additional 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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