NOT DISCLOSED, Pennsylvania
| Asking Price |
$325,000 |
Year Established |
2012 |
|
| Annual Revenue |
$1,122,150 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Robb Keith |
|
| Annual Cash Flow |
$177,906 |
Listing Number |
1013079 |
|
| # of Employees |
13 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This established full-service restaurant has developed a strong local reputation for offering freshly prepared American cuisine in a welcoming, neighborhood-oriented atmosphere. Its location within one of the region’s most affluent and growing mixed-use developments provides consistent visibility and access to a loyal customer base comprised of residents, professionals, families, and visitors to the area. This restaurant fully accepts and supports BYOB, and offers outdoor entertainment with seating and tables on an attached courtyard.
Ownership has built the business around quality food, personalized service, and a comfortable dining experience that encourages repeat patronage. The restaurant benefits from an established operating history, experienced and very friendly staff, transferable lease, and a recognizable local brand. Online reservations are available, along with online orders. Gift cards are available for purchase. While located within a large residential community, a large percentage of guests travel locally and up to 1 hour's distance for their dining pleasure. The current owner remains actively involved in day-to-day operations and is willing to provide 2 weeks transition assistance with further assistance as needed to ensure a smooth ownership transfer.
Property Features and Assets:
<p>Indoor seating has capacity for up to 72 guests and outdoor seating in the courtyard holds up to 60 guests. The large kitchen and food preparation supports all items on the menu. Street parking is available along with a large parking lot to the rear of the restaurant. The overall ambiance of the restaurant is very warm and inviting for the ability to enjoy a dining experience.<br></p><p>Assets = $35,480</p>
Market Competition and Expansion:
<p>The only competition nearby is a pizza shop. There are other restaurants located a couple of miles away. The restaurant benefits from its strong community presence, neighborhood accessibility, and long-standing customer relationships. The business's reputation, established brand recognition, and favorable location create barriers to entry for new competitors and support customer retention.<br></p><p>Future owners have a significant opportunity to expand marketing efforts through targeted digital advertising, enhanced social media engagement, email marketing campaigns, local community partnerships, online reservation platforms, and customer loyalty programs. The owner has created a strong name recognition and trusted reputation for quality and outstanding service. Additional growth opportunities include expanding daily hours to breakfast and dinner, delivery services, catering, corporate lunch programs, private events, and increased promotion of the restaurant’s popular brunch offerings. Gift cards may be purchased. <br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity