Successful Restaurant - Tavern

Not Disclosed, PA

Northeastern PA


Asking Price: Annual Revenue:
$3,200,000 $2,900,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful Restaurant - Tavern Broker: Robert Petrin jr
License #: 0572427
Owner Financing is Available!
30% down payment, 5 year payout at 6% interest for experienced operator with strong track record.

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $2,900,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,350,000
Year Established: 25
Employees: 35
BBN Listing #: 288445063
Broker Reference #: 25

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Business Overview:

High volume restaurant with revenues increasing. 70% food -30% liquor. Hip big city vibe. Outdoor dining, sporting events on multiple screens. Live entertainment. Daily food specials. Something for everyone on this extensive menu, with large beer and wine selection. Monthly catered events with strong liquor sales.

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Property Features and Assets:

Beautiful in town location, with ample parking and rental income. Consistent improvements are made to this property.

Market Competition and Expansion:

This unique concept is accompanied by many other different successful operations in the area.Increase revenues by adding Pennsylvania " Games of Skill '.

Reason for Selling:

Retirement

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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