MergerPlace

CHEESE STEAKS & MORE FAST FOOD RESTAURAN

Pennsylvania (Northampton)


  • Asking Price: $75,000
  • Gross Income: $234,000
  • Cash Flow: $74,913
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $10,000
  • Listing ID: #202512
  • Established: 20
  • Employees: 2PT 1FT

Business Description

Here is an excellent opportunity to own this “non-franchised” Cheese Steak Restaurant located in Northampton County consisting of 1,400 sq. ft. with seating for 30. This business is situated in a busy Shopping Plaza and has been a local favorite for over 20 years. It was completely remodeled just 3 years ago by the current owner who has strived to provide a quality product and exceptional service all in a uniquely warm and inviting atmosphere. Cheesesteaks are their specialty and they also have a variety of other items like sandwiches and wraps, including burgers, soups & salads, fries, and pasta. An easy to run restaurant and simple menu makes this an ideal family owned business. It’s perfect for someone just starting out in their first restaurant establishment. Why buy an expensive franchise business with loads of restrictions, markups on supplies, advertising fees and franchise fees that limit your profitability and freedom, when you can buy your own fast food business with far more profit and flexibility. There is enormous room for growth by adding pizza as well. Seller believes so much in the business that he is offering a low down payment payable over two years. Sale includes all furniture, fixtures, and equipment.


Business Details

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

Company Information

Year Established: 20
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2PT 1FT

Financial Information

Asking Price: $75,000
Gross Revenue: $234,000
Cash Flow: $74,913
FF&E: $10,000
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Facilities:

Located in a busy Shopping Plaza and has been a local favorite for over 20 years. It was completely remodeled just 3 years ago by the current owner. Seller is offering a low down payment payable over two years. Must see.

Growth & expansion opportunities:

Pizza could be added to further increase sales

Reason for selling:

Accepting Management position for a big company

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Gene Reilly

Executive Business Brokers