Restaurant In Fabulous Location
Location Pennsylvania,United States
Asking Price Range $250K - $500K
Gross Revenues $760800
Net Profit / Cash Flow $108450
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1929
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Reason for Sale Owner is retiring.
Description THIS RESTAURANT FOR SALE IS A DIAMOND IN THE ROUGH! Calling all Restaurateurs with their own sense of style! FABULOUS LOCATION! Great structure. Food won Reader's Choice Award. Very close to revitalized area. Located on main traffic artery. Penndot will be reconstructing the busy intersection nearby in 2010 and opening up visibility to a second main artery. Also, near two major highway interchanges. GREAT LAYOUT! Several different dining rooms including a banquet room, lounge, bar, and large front porch. Full liquor license. Large well-lit, paved parking lot in safe urban neighborhood. Neighbor allows parking overflow in evenings and separate employee parking lot. HUGE NUMBER OF CLIENTELE! Digital dining POS system for a ''frequent diner promotion'' program with 4,000 diners in database. Property with two upstairs apartments for additional income also available for purchase.
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