Well known & Established Bar, Restaurant, & 6 Pack/Wine Shop
East Suburbs, Pennsylvania
Asking Price: |
Gross: |
Cash Flow: |
$650,000 |
$1,700,000 |
$150,000 |
Furniture and Fixtures Value:
$250,000 (included in the asking price)
Inventory Value:
$65,000 ( not included in the asking price)
Business Summary:
Established & well known bar/restaurant in east suburbs open 7 days a week. Has popular restaurant, bar, 6pack/wine shop, and catering company. This business offers over 600 beers (20 on tap) and an expanded wine list. This streamline turn key business is well run with proven systems and models already in place. This opportunity comes with cash flow that can potentially bring a full return on your investment in less then 6 years. Name and info is confidential, please call for more information. Seller will not finance. Equipment list, taxes and additional info available upon request. Proof of Funds and confidentiality agreement required.
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Year
Business was Established: 1963 |
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Number of Employees:
35-42 |
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Facilities / Terms of Lease:
Base rent $62,462.52/year ($5,205/month) + taxes & common area maintenance (estimated at $27,128.52/year or $2,260.71/month) Estimated total $89,591.04/year |
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Owner
willing to finance:
No |
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Owner
willing to train:
Yes |
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Reason for selling:
Owner Retiring |
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REQUEST MORE INFO |
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