Turnkey Spotless Restaurant and Bar with License

Schuylkill County, PA

Prime Rib
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Asking Price: $349,900

Cash Flow: N/A

Gross Revenue: $152,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2007

Turnkey Spotless Restaurant and Bar with License

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Business Description

Value-priced turnkey restaurant and full bar with PLCB license with spotless record. Best prime rib around. Ideal for a chef/owner who wants to RUN a restaurant, not maintain one. This hundred year-old restaurant was COMPLETELY redone (all new equipment, furnishings, etc.) in 2009 over $400,000 invested. Two apartments with separate entrances and utilities could supplement income or provide lodging for owners and/or staff. Two newer outbuildings--12x24 garage and 18x28 enclosed carport. Loads of parking. Seats 52 plus 12 at the bar.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
This hundred year-old restaurant was COMPLETELY redone (all new equipment, furnishings, etc.) in 2009 over $400,000 invested. Seats 52 & 12 at the bar. Two apartments with separate entrances and utilities could supplement income. Approx 3/4 acre includes ample parking. Area poised for significant growth with construction of a major medical facility to complete in 2019. Includes liquor license.
Growth & Expansion:
Hours can be extended at no additional capital cost. As stated, the immediate area is poised for significant growth with construction of a major medical facility to complete in 2019 and associated residential development.
Support & Training:
Negotiable.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Mike McCarthy

Business Listed By:
Mike McCarthy

Marathon Capital Advisors

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Sponsoring Broker:
Raymond Melcher Jr

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