NOT DISCLOSED, Pennsylvania
| Asking Price |
$2,269,000 |
Year Established |
2005 |
|
| Annual Revenue |
$5,452,127 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Stephen Menges |
|
| Annual Cash Flow |
$966,446 |
Listing Number |
1008465 |
|
| # of Employees |
70 |
Business Category |
Food & Beverage: Catering, Food Preparation |
|
Business Overview:
Perfect opportunity for an established restaurant group to acquire significant revenue - $5.45 Million in 2025! Consistent year over year annual growth! Well appointed, upscale full-service dining, bar, banquet and catering facility, coffee house and bakery operation. Powerful local brand with major customer following - known for outstanding food and event experiences. Fully staffed with seasoned leadership team and over 60 well trained hourly employees. Upscale chic design with no expense spared! Outstanding facilities and equipment - substantial value in leasehold improvements and FFE. Real estate available for sale in transaction or seller willing to consider a long-term triple lease for qualified buyer.Business including Liquor License: $2,269,000Real Estate: $7,000,000TOTAL Purchase: $9,269,000Minimum buyer requirements include significant high-volume hospitality/restaurant experience. $2.0 million in liquid cash for down payment and working capital for real estate buyer prospects. $1.0 million in liquid cash for down payment and working capital for lease-only buyer prospects. Signed NDA with complete buyer profile and interview with Broker required prior to receipt of confidential memorandum details on this outstanding acquisition.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity