Table Service Restaurant Along Major Road

Lancaster, PA
Lancaster County

Lancaster-area along a major roadway and has good

Asking Price: Annual Revenue:
$475,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Table Service Restaurant Along Major Road Broker: Jeffery Shelly

Quick Facts

Asking Price: $475,000
Annual Revenue: $600,000
Net Profit: $194,000
Cash Flow: $197,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 9
BBN Listing #: 591655091
Broker Reference #: Not Disclosed

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Business Overview:

Well-Established Lancaster Restaurant

This very popular Lancaster-area dining spot has been winning-over customers for over ten years. It is located along a major roadway and has good curb appeal. Its average cash flow for the past two year years has been over $200,000. The tables turn-over quickly as it is only open for breakfast and lunch and closes at 3:00 each day. The Owner does work in the Business, but another chef could be found and there would would still be ample net income. This cash producing place is well-maintained, fully staffed, and ready for a new owner.

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Property Features and Assets:

The Restaurant has a long-term lease as the Seller owns the property and would enter into a lease with the new owner. It has 58 seats and all equipment and fixtures are in great shape. It is 100% ready for a new owner. Real Estate:Leased Building Square Feet:1,440 Lease Expiration:N/A Employees :9 Furniture, Fixtures, & Equipment (FF&E):Included in asking price.

Market Competition and Expansion:

While new restaurants are always opening, the one has a great repeat customer base and terrific menu which makes it stand out among its competition. It has four stars on Yelp. The new owner could expand the Business past 3:00, which is when it currently closes. It could also offer delivery or promote a take out service. The Seller would offer as much training as reasonable for the buyer in order to have a smooth transition.

Reason for Selling:

Restaurant is to far from sellers home.

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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