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Restaurant/Lounge(Price reduction)

North East

Restaurant/Lounge(Price reduction)
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Asking Price: $1,200,000

Cash Flow: $250,000

Gross Revenue: $900,000

EBITDA: $300,000

FF&E: $100,000

Inventory: $25,000

Real Estate: $1,300,000

Established: N/A

Restaurant/Lounge(Price reduction)

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Business Description

Newly remodled on main corridor to Hershey--famous tourist town.

Adjacent property has recently been purchased to add more parking.

Major development across from entrance to this property planned to start in 2018.
A signal light will be installed in front of this restaurant.

Rental income above restaurant

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
15,000
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautifully renovated 5 years ago. New interior , floors and seating.
Competition:
Normal
Growth & Expansion:
See above development planned adjacent
Support & Training:
transitional training
Reason for Selling:
Other investments out of tate
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Contact the Seller

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Lou Santangelo

Business Listed By:
Lou Santangelo

Sans & Company

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