MergerPlace

Restaurant

Pennsylvania


  • Asking Price: $250,000
  • Gross Income: $581,456
  • Cash Flow: $72,566
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $27,000
  • Listing ID: #218503
  • Established: 2000
  • Employees: 6 FT

Business Description

The neighborhood restaurant and tavern has been operating since 2000 and has been under current ownership since 2001. It has a solid foundation in the community and a great customer base.


Business Details

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

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT

Financial Information

Asking Price: $250,000
Gross Revenue: $581,456
Cash Flow: $72,566
FF&E: $27,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in a one-story commercial space that occupies 2105 square feet and has a partial basement. The property also contains a one-story four-bay self serve car wash which is not currently being utilized. Total land space is 17,056 square feet. There is free and ample parking for customers.

Growth & expansion opportunities:

There is great potential for growth as this restaurant is popular among local residents. Increasing the hours of operation, opening on the weekend and expanding the marketing plan could help this business grow.

Competition:

There are two bars in the area, but this business is a family-friendly restaurant in addition to being a tavern and has been in the community since 2000 with a reputation for its good food and service.

Reason for selling:

Owners are looking to retire.

Support & Training:

Will train for 2 weeks @ no cost. Popular community family-friendly restaurant and tavern that serves traditional tavern foods like wings, burgers and fish and has a full bar. They operate Monday through Friday only at this time and are open for lunch and dinner.

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Business Listed By:

William Ilgenfritz

Murphy Business Brokers