Profitable and Well Known Restaurant and Bar

Greensburg, PA (Westmoreland County)

Profitable and Well Known Restaurant and Bar
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Asking Price: $469,000

Cash Flow: $276,351

Gross Revenue: $1,018,853

EBITDA: N/A

FF&E: $118,000

Inventory: $10,000

Real Estate: N/A

Established: 1985

Profitable and Well Known Restaurant and Bar

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Business Description

*** Asking Price Drop June 2019 *** *** Motivated Seller wants to retire! 2018 was another great year!!!*** This well-known, growing and profitable destination restaurant is located in Westmoreland County and has been in business for over 30 years. The business has multiple family style dining areas and a full service bar. When customers enter the restaurant, they are greeted by a warm and comfortable environment. With over $1 Million in revenue (and growing), this business has provided for the owner’s family for many years and would be a great opportunity for a new owner. Included in the sale of the business are all furniture, fixtures and equipment, inventory, liquor license, and name of the restaurant. The business owner also owns the property and wants to sell this as well. This is a true turnkey business. The seller will provide a training and transition period for the new owner. This business has a complete financial package that would be used to secure a loan from a SBA lender. The owner of this business is ready to retire and wants to find a buyer who will continue the business and serve the great customers for years to come.

Detailed Information

Location:
Greensburg, PA
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well maintained stand alone building. Ample parking in the immediate area.
Competition:
This business has very little competition in the area. Many customers travel to this location just for the great food and atmosphere.
Growth & Expansion:
Business revenue continues to grow. Other restaurants continue to struggle with increased competition but this business has strong support from the local communities.
Support & Training:
Seller will provide a training and transition period.
Reason for Selling:
Owner wants to retire.
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(from currently available funds)
 
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Dave Ball

Business Listed By:
Dave Ball

Sunbelt Business Brokers of Pittsburgh

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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