Upscale Steakhouse in Lehigh County, PA - 32508

Not Disclosed, PA
Lehigh County


Asking Price: Annual Revenue:
$875,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Upscale Steakhouse in Lehigh County, PA - 32508 Broker: Vested
Owner Financing is Available!
$437,500.00 Down & Balance to be paid within 72 months of purchase.

Quick Facts

Asking Price: $875,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 9
BBN Listing #: 35254447
Broker Reference #: 32508

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Business Overview:

This newer, must see gourmet steak house is now available. Features Location, Location, Location. With 30,000 people working within 5 miles, the demand is strong for lunch and catering, In Addition, another 26,000 homes within the same radius equals continued demand for dinner. Along with excellent food and service, the establishment is an inspired design to cater for seating of 120 between indoor and out. 64/60 respectively. This, best in class restaurant is growing, at present, an astounding 30% week. This is expected to continue as this beautiful newer fine dining restaurant is the jewel of a fast growing and undeserved community. Seller open to selling out right or taking on a managing partner. Partner would be guaranteed $52,000.00 year plus commensurate to equity purchased net profit each week. Minimum Buy-in $250,000.00

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Reason for Selling:

Fits business model.

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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