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EXCELLENT PRICE!! Turn-Key Restaurant & Bar #0380

PA

EXCELLENT PRICE!! Turn-Key Restaurant & Bar #0380
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Asking Price: $875,000

Cash Flow: $83,887

Gross Revenue: $710,176

EBITDA: N/A

FF&E: $450,000

Inventory: $60,000

Real Estate: $725,000

Established: N/A

EXCELLENT PRICE!! Turn-Key Restaurant & Bar #0380

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Business Description

This legacy has been around since 1946 in the thriving city of northeastern Pennsylvania!! The turn-key restaurant and bar are set up for continued success as it is fully equipped with a state-of-art kitchen, fully-stocked bar with entertainment, dependable staff, and an excellent reputation. All equipment, fixtures, and furnishings are included and is great condition. The facility is 9,000 sq. ft. plus, located in a great location with extended parking and excellent signage. If you’re looking to get out of the hustle-bustle of the city life and looking for a great community in northeastern PA, look no further as this business could really soar to higher profits. The owner is highly motivated to sell due to health concerns. The restaurant and bar are priced well below its asset value, giving a buyer a great deal not to miss. Assets are to included approximately $60,000 in average inventory, $250,000 in equipment, $150,000 in liquor licenses, and $50,000 in fixtures and furnishings. The building and property are included and valued by the owner at $725,000. Enquire today to learn more about this excellent opportunity that is For Sale by Owner portfolio #0380.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
9,000
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large 9,000 sq. ft facility all proper signage is in place. Not utilized for full profit advantage.
Competition:
Long established restaurant has been an institute for the community.
Growth & Expansion:
Excellent room for expansion and growth possibilities.
Support & Training:
Negotiable
Reason for Selling:
Health reasons
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Harold Anderson

Business Listed By:
Harold Anderson

Affiliated Business Consultants, Inc.

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