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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Pennsylvania Businesses For Sale Categories   >>   

Italian Restaurant & Bar

Location  Pennsylvania,United States
Asking Price Range  $250K - $500K
Gross Revenues  $237117
Net Profit / Cash Flow  $16863
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1981
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Description  This family owned and operated restaurant and bar was established in 1981 and is known for serving homemade Italian food and other specialties. The business has a great highway presence along a main thoroughfare. Customers have been flocking here from miles around for over 30 years. They serve old world Italian recipes that have been in the family for generations. Potential for this business is largely untapped. There are few reasonably priced sit-down restaurants in the area. In the past, they have had as many as 20 employees, but they have significantly cutback hours and days open. As new owner(s), this could simply be reversed. In addition, catering could be enacted. There certainly is a demand for mouth watering food throughout the area. Their liquor license allows them to be open the hours of 7am to 2am. Assets include $5,000 of Inventory, $300,000 in real estate and $20,000 of equipment, fixtures and furnishings. Located in Southwest Pennsylvania, asking price of $380,000. Ask for Portfolio #0414
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