Local Pub and Restaurant

Montgomery County, PA

Seller Financing Available
Local Pub and Restaurant

Asking Price:$825,000

Cash Flow:$170,000

Gross Revenue:$1,250,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2013

Local Pub and Restaurant

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Business Description

A turnkey restaurant with an R-liquor license, with great visibility, located along a highly traveled road. The premise has a recently renovated 50 seat bar, including 25 seats at high tops, 20 taps for draft beer, and ample flat screen tv's for viewing in the bar area. There is a separate room that seats approx. 40 for private functions.This establishment features craft beer with American Pub food. Plenty of parking-a total of 56 spots, directly in front of the restaurant, including 4 ADA accessible spots. There is a great lease with 8 years remaining with a low cost of $5500 NNN per month. In addition to the first floor with 5,500 sq. ft., there is a basement-approx 3,000 sq ft for walkin boxes, mechanicals, ect

Owner financing available to a qualified buyer!

Attached Documents


Detailed Information

Facilities:
Turnkey restaurant operation with an R-liquor license producing over 1.2 MM in yearly sales and making a good profit Nicely sized at 5400 sq. ft.-capable of producing greater sales with larger seating capacity 56 on site parking spaces Highly visible-great traffic counts Great lease with below market rents Large basement (3000 sq. ft.) for walkin refrigerators, mechanicals and storage Currently generating strong sales with its current concept of Pub fare and craft beers, with growth opportunities by promoting private functions in the large, separate dining room.
Growth & Expansion:
An energetic owner can continue expanding sales which have grown year over year. Pre approved to expand outdoor seating area
Financing:
Available for qualified buyers
Support & Training:
Owner financing available to qualified buyer Owner willing to provide transitional support for a smooth transition
Reason for Selling:
The owner has two other locations and wants to cut back to focus on those.

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Raymond Lind

Business Listed By:
Raymond Lind

Keller Williams Restaurant Group

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