Bar/Pizzeria/Italian Rest. in Montgomery County

Montgomery County, PA

Seller Financing Available

listing image
Asking Price:$670,000
Gross Revenue:$750,000
FF&E:$100,000
Cash Flow:$185,000
Inventory:$11,000
BUSINESS DESCRIPTION

LISTING ID # 30356

Get connected to your next business with this profitable neighborhood pizzeria restaurant and 12-TV sports bar. Boasting 3,200 sq. ft., 25 tables, a 75-person occupancy, great food and a committed social following. Seller's personal demands require the sale. According to the seller, "the Business has enjoyed 15% growth in the past year with the upward trend staying steady". Present owner has stepped out of day to day operations; business is now strong enough for the seller to run it absentee, which means even more money to an owner operator. This business's Amusement and Sunday sales "R" license, can be purchased separately, for $500,000 (listing 32786). Importantly, the seller will accept a lower offer with an over $500,000.00 Downpayment. Rent includes CAM and Taxes. Triple net and CAM = $1000/month but doesn't include snow removal. To learn more, please contact the broker.


DETAILED INFORMATION
Location
Montgomery County, PA
Inventory
Not Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
500,000.00 Down & $170k at 6% for 48 months
Support & Training
Seller will train
Report an Issue with this listing
profile-img
Vested
Business Brokers, Ltd
logo-img
Vested Business Brokers, Ltd