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

FF&E: N/A

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

Location:
Temple, PA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
10,800
Facilities:
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
Competition:
moderate
Growth & Expansion:
owner operator can easily grow the business
Support & Training:
yes
Reason for Selling:
Health
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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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