MergerPlace

Full-service Restaurant & Bar w/Catering

Pennsylvania


  • Asking Price: $1,459,000
  • Gross Income: $710,176
  • Cash Flow: $39,496
  • Real Estate: $725,000
  • Inventory: $60,000
  • FF&E: $300,000
  • Listing ID: #206150
  • Established: Not Disclosed
  • Employees:

Business Description

This legacy restaurant and bar has been operating since 1946, within a thriving city of northeastern Pennsylvania. The full-service dine-in restaurant has sustained an impeccable reputation based on its delicious menu selections, high-quality service, excellent decor, and friendly atmosphere. It's well decor dining area that provides extensive seating, separation from the bar area, with additional dining room and private seating. The bar area is equipped with big screen TV's, pool table, music, and video games. The fairly-large facility is located in a high-traffic area that provides great exposure and accessible access to. With its established location, the community experiences high tourism, which has been a great asset to the restaurant and bar as it is the highest producing hospitality business in the area. The owner is ready to proceed with other opportunities and is ready to transition this lucrative restaurant and bar to the next owner. Inquire today to learn more details about this rewarding opportunity. Assets are to included approximately $60,000 in average inventory, $250,000 in equipment, $50,000 in fixtures and furnishings, and $150,000 in liquor licenses. The building and property are also included and valued at $725,000. Ask for portfolio #0380.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Pennsylvania

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,459,000
Gross Revenue: $710,176
Cash Flow: $39,496
FF&E: $300,000
Inventory: $60,000
Real Estate: $725,000
Seller Financing Available: No

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Marketing Department

Affiliated Business Consultants, Inc.