Popular Sports Entertainment Restaurant Bar
Location Pennsylvania,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1900000
Net Profit / Cash Flow $570516
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Check these numbers! Location location location! And absolutely recession proof! The most beautiful and largest sports bar and night club in the Leigh valley? Be your own boss forever! This popular establishment is over 8,600 square feet, and seats over 260 customers. On a typical Friday and Saturday night this establishment brings in over $12,000 from the live entertainment alone.
Bands compete to perform on the large stage. The restaurant holds two beautiful bars, 3 separate rooms with Italian ceramic floors, 2 pool tables, a gaming area, and over 25 television sets. The owner is currently in the 4th year of a 25 year lease of only $2,800 per month in an area that typically cost 3-4 times that amount! This lease will save you over 1 million dollars in a 20 year period.
All the numbers are fully supported with excellent accounting. This is arguably the finest opportunity in eastern pa. Even with a slight drop off last year during the recession, business is back to pre recession numbers! Most importantly this business can grow even more with food sales! Contact for more information on this bar/restaurant for sale.
Click Here To Contact Seller
|
|