Bar, kitchen and income real estate all in one

Philadelphia, PA (Philadelphia County)

Seller Financing Available
Bar, kitchen and income real estate all in one
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Asking Price: $405,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $75,000

Inventory: $5,000

Real Estate: $150,000

Established: 2000

Bar, kitchen and income real estate all in one

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Business Description

Germantown area successful bar, restaurant with 4 apartments, includes liquor license, real estate, 4 fully furnished apartments, all furniture, fixtures, equipment, inventory and
goodwill. Mostly CASH income, Bar is 94 foot long, well equipted and DJ booth. Turnkey, Liquor license included entertainment and take out. Three 50' HDTV's, New rubber roof, Currently serving Caribbean, soul food & seafood cuisine. Apartment income of $2.1k per month. Liquor license alone is worth $195k. Contact me for a detailed summary report
Asking price includes all liquor and beer on premises. If less than $425K alcohol will be sold dollar for dollar on all un-opened bottles and cans. Sells alot of take out beer-CASH

Detailed Information

Location:
Philadelphia, PA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,000
Employees:
1 FT, 5 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Solid brick and mortar 2 story building with full basement, new rubber roof Front signage on busy main street with plenty of parking. Owner invested much money on roof, new double glass cooler and new sewer line from street to basement
Competition:
Location has high potential with right owner and new marketing All apartments are fully furnished, includes HDTV, washer and dryer, tenants pay the utilities (electric only) Sells several 100's of cases beer just on take out monthly.
Growth & Expansion:
Catering and special events. Increase sales with marketing and on-site management Great cash business in high traffic area. Fun and food for fair price. Apartment income!
Support & Training:
RAMP certified, some seller financing may be available
Reason for Selling:
retire
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Joseph Morrin

Business Listed By:
Joseph Morrin

Bar Doctors Inc

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