Bar/Restaurant/Entertainment/Package Goods

Phila, PA

Seller Financing Available

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Asking Price:$850,000
Gross Revenue:$1,200,000
FF&E:$600,000
Cash Flow:$600,000
Inventory:$24,000
Established Year:2018
BUSINESS DESCRIPTION

Bar Restaurant business for sale at 850k. Main Bar, Porch Bar, Outdoor Dining Deck.The price includes Liquor License valued at 175k, FF&E 150k. Gross Receipts are 1mil plus. Proforma. 2 mil in year 1 and 3mil potential with right owner operator. Lease 8400 all in.Real Estate available


DETAILED INFORMATION
Location
Phila, PA
Inventory
Not Included in asking price
Building SF
5,674
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Occupancy 249 presently and can expand to 400 with Outside Patio
Competition
See Business Plan
Growth & Expansion
See Business Plan
Support & Training
Turn Key/Full Support 5 Full Time back of the house 10 Part Time Front of House
Reason for Selling
Diversifying
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Matthew
Titus
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Matthew Titus