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6 FIGURE INCOME - Restaurant in ‘America's Hottest New Neighborhood’

Philadelphia, PA (Philadelphia County)

6 FIGURE INCOME - Restaurant in ‘America's Hottest New Neighborhood’
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Asking Price: $295,000

Cash Flow: $250,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,900 /Month

Established: N/A

6 FIGURE INCOME - Restaurant in ‘America's Hottest New Neighborhood’

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Business Description

The current sale to list ratio of a single-family home in Fishtown is a scorching 98.8%, going toe to toe with Williamsburg (Brooklyn) and Washington, D.C.

The national accolades are even more eye-popping. In 2015 Bon Appetit ranked Pizzeria Beddia America’s best pie. Philly Style Bagels’ Classic Lox Sandwich took home the magazine’s prize for the country’s best sandwich the following year. Last summer Jay-Z tapped local bake shop Cake Life to make Beyonce’s birthday cake.

Zagat just anointed Lebanese-themed Suraya Philadelphia’s hottest new restaurant opening. Most recently, Wm. Mulherin’s Sons was crowned America’s best new hotel.

https://www.forbes.com/sites/petertaylor/2018/05/02/how-fishtown-philadelphia-became-americas-hottest-new-neighborhood/#3b6568a032e5

Detailed Information

Location:
Philadelphia, PA
Real Estate:
Leased
Building SF:
150
Lease Expiration:
N/A
Employees:
6
Facilities:
- Fully Equipped Restaurant - Inclusive of All Furniture, Fixtures & Equipment - 80 Newly Constructed Condos Nearby - Hood – Ansul – Walk-In - Connect to Downtown Philly in less than 9 minutes via the El - Inclusive of recipes and brand rights
Reason for Selling:
Retirement
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Laura Yutzy

Business Listed By:
Laura Yutzy

SOFRANKO ADVISORY GROUP, LLC

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Sponsoring Broker:
Ronald A. Sofranko, Principal

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