Business For Sale

A Fantastic Neighborhood Tavern

Philadelphia, PA
Philadelphia County

Northeast Philly


Asking Price: Annual Revenue:
$325,000 $727,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: A Fantastic Neighborhood Tavern Broker: Paul Visokey

Quick Facts

Asking Price: $325,000
Annual Revenue: $727,000
Net Profit: Not Disclosed
Cash Flow: $181,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 10
BBN Listing #: 945932171
Broker Reference #: V1551

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Business Overview:

This tavern is a fixture in the greater Northeast section of Philly providing a place to enjoy cold drinks, good laughs, and great entertainment. This is a third-generation family business with loyal patrons. This tavern provides ample entertainment to satisfy all needs. A fantastic place to watch sports with numerous big screen High Def TV’s. They have two pool tables and three dart boards for those who like a little contest. And they have a weekly Quizzo game that gives cash to the top players. For music lovers they have live entertainment with music playing on stage Thursday thru Sunday.
This tavern is also the spot for a good meal at a great price. They have a full kitchen with daily lunch and dinner specials. All the items on their menu are available for eat-in or take-out.
This tavern has a corner bar atmosphere that is not usually found at an establishment of this size.

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Property Features and Assets:

This tavern was established in 1985 and been in continuous operation at the same location for almost 32 years. It is at the cross roads of two major avenues and near a Septa station. It is the anchor tenant in a small strip mall.

Market Competition and Expansion:

In northeast Philly there are many taverns to choose from but this place has enjoyed a loyal following for many years. Many of the patrons will not go anywhere else.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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