Price Reduced Profitable Restaurant/Tavern including Real Estate

Temple, PA (Berks County)

Price Reduced Profitable Restaurant/Tavern including Real Estate
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Asking Price: $1,330,000

Cash Flow: N/A

Gross Revenue: $1,120,000

EBITDA: $255,400


Inventory: N/A

Real Estate: $1,000,000

Established: 1900

Price Reduced Profitable Restaurant/Tavern including Real Estate

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Business Description

Turnkey operation, includes PA liquor license, inventory, equipment and real estate
50% liquor 50% food
Staff to remain to remain after sale
Reason for sale - health. Priced to sell quickly at $1,560,000 (including real estate) and is $200,000 below valuation
Completely remodeled in 2008
Owner will train
Located on busy highway (30,000 cars per day)near one of Berks County largest employer

Detailed Information

Temple, PA
Included in asking price
Real Estate:
Included in asking price
Building SF:
Building 10,800 sq. ft. - 7,419 finished 1.68 acres much parking Bars seats 106, dining room seats 100, two event room - 50 people & 40 people
Growth & Expansion:
owner operator can easily grow the business
Support & Training:
Reason for Selling:
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(from currently available funds)
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Gene Cerrotti

Business Listed By:
Gene Cerrotti

Praetorian Group

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