Restaurant and Catering -Profitable

Devon, PA (Chester County)

Restaurant and Catering -Profitable

Asking Price:$325,000

Cash Flow:$125,000

Gross Revenue:$800,000

EBITDA:$125,000

FF&E:$75,000

Inventory:$7,000*

Established:1980

*not included in asking price.

Restaurant and Catering -Profitable

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Business Description

Are you looking to make money in a great area with a turn key location? How often can you find a restaurant that has been open for over 30 years and still looking great. Well, you have now found it. This location has been here since 1980 and going strong. The owner is now ready to retire. Over 65% of their business is lunch. They do a nice catering business. Their menu includes hoagies, wraps, salads and steaks. They also have some dinner entrees and breakfast items. There is seating for over 80 people. Everyone in the community knows this place. They are surrounded by office buildings and expensive homes.

Detailed Information

Inventory:
Not included in asking price
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,800 Square feet in very busy shopping center. Great equipment package. Most equipment only 5 years old. Rent is approximately $6,500 per month.
Support & Training:
seller will provide full training and support. There is a full staff in place. Many of the staff has been there for years.
Reason for Selling:
Retirement after 30 years

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Jack Benoff

Business Listed By:
Jack Benoff

Solara Restaurant Ventures

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