Italian restaurant a beauty, borders Del/Montgomery cty liq lic

Delaware County, PA

Italian restaurant a beauty, borders Del/Montgomery cty liq lic
Contact Seller

Asking Price: $1,300,000

Cash Flow: N/A

Gross Revenue: $3,936,240

EBITDA: N/A

FF&E: $400,000

Inventory: N/A

Rent: $12,000 /Month

Established: 2008

Italian restaurant a beauty, borders Del/Montgomery cty liq lic

Save Print Share Valuation Report

Business Description

The owner who built this Restaurant from scratch can only be describe as 'Passionate', with long standing foundation of integrity. Restaurant seats 270/7000 sq. ft. and is unpretentiously subtle, yet sophisticated, with an atmosphere that is cheery
full of love and hospitality. There are 4 separate dining areas. The secret is experience, pricing, extensive colorful menus with a wide array of selections of Italian and French classics in a great location. If you don't have the passion-this is not for you! The food quality is the best. All I can say is this restaurant is unique!, a one of a kind. New owner will make money day one. Large banquet facility attached. Extraordinary Rent $12,000+ and lease till 2025 The owner will stay for 1 year. Proof of funds will be required. Buyer does not have to keep the liquor license. Pricing for restaurant would be negotiable. This beauty is also BYOB (it's brilliant). There is even more profitability, just by watching your food costs. Parking lot 375 spaces.
A Separate Large beautiful Banquet room for sale as well.....details and asking price
available...with or without liquor license.

Detailed Information

Location:
Delaware County, PA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
12/15/2025
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
kitchen is "more" than fully loaded! Full equipment list available. 270 seats, 4 separate dining rooms, Patio, terrace, cozy rooms for pricate parties
Competition:
There is No Competition in operation that can compete with this magnificent and successful restaurant with flare, extraordinary menu like this
Growth & Expansion:
Pros:The owner of this establishment is always adding features i.e.Patio. cozy but separate rooms, Cons: needs more social media, and more rooms to accommodate the crowd!!
Financing:
possible with qualified buyer
Support & Training:
owner will stay for one year
Reason for Selling:
Owner would like to retire
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Judy Sweeney

Business Listed By:
Judy Sweeney

WESTPORT BUSINESS BROKERS

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1458572 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Freddo

Franchise Opportunity In PA
Capital Required: $150,000