MergerPlace

Turnkey Spotless Restaurant and Bar

Pennsylvania


  • Asking Price: $349,900
  • Gross Income: $152,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #210887
  • Established: 2007
  • Employees:

Business Description

Value-priced turnkey restaurant and full bar with PLCB license with spotless record. Best prime rib around. Ideal for a chef/owner who wants to RUN a restaurant, not maintain one. This hundred year-old restaurant was COMPLETELY redone (all new equipment, furnishings, etc.) in 2009 over $400,000 invested. Two apartments with separate entrances and utilities could supplement income or provide lodging for owners and/or staff. Two newer outbuildings--12x24 garage and 18x28 enclosed carport. Loads of parking. Seats 52 plus 12 at the bar.


Business Details

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

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $349,900
Gross Revenue: $152,000
Seller Financing Available: No

Property Information

Facilities:

This hundred year-old restaurant was COMPLETELY redone (all new equipment, furnishings, etc.) in 2009 over $400,000 invested. Seats 52 & 12 at the bar. Two apartments with separate entrances and utilities could supplement income. Approx 3/4 acre includes ample parking. Area poised for significant growth with construction of a major medical facility to complete in 2019. Includes liquor license.

Growth & expansion opportunities:

Hours can be extended at no additional capital cost. As stated, the immediate area is poised for significant growth with construction of a major medical facility to complete in 2019 and associated residential development.

Reason for selling:

Retirement.

Support & Training:

Negotiable

Contact Business Seller

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Business Listed By:

Mike McCarthy

Marathon Capital Advisors