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Just Reduced: Award Winning Popular Restaurant

Newtown, PA (Bucks County)

Just Reduced: Award Winning Popular Restaurant
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Asking Price: $700,000

Cash Flow: $307,000

Gross Revenue: $1,200,000


FF&E: $75,000

Inventory: N/A

Rent: $9,000 /Month

Established: 2008

Just Reduced: Award Winning Popular Restaurant

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Business Description

This well known popular fine dining Restaurant also offers Catering and Private Parties and has been the go to staple in the area in addition to a destination. Winner of 2019 Diners Choice Award.

The business has been in operation for over 8 years with the present Owner.

The high end decor of this property consists of 4000sq.ft +/- and has 130 seats inside and an additional 45 outside dining,

Present Owner only puts in 5-6 hours a week.

A trained Chef/Owner could increase profits.

The staff is highly trained and willing to stay with a new Owner..

Owner states that his income from this business is in the 6 figures.

Average ticket per person is about $47.00

Fabulous opportunity to take over this Business.

If you like to find out more please contact:


Detailed Information

Newtown, PA
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Beautiful Restaurant well appointed both inside and outside. Large area for outside eating.
Their are some other Restaurants in the area, however this business is so well know it has no effect.
Support & Training:
Support is their since the staff is willing to stay on.
Reason for Selling:
Seller has many other businesses
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Mike Riccardi

Business Listed By:
Mike Riccardi

M. Riccardi Agency Inc.

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