Premier Bar/Restaurant/Catering Business in Philadelphia

Philadelphia, PA

Seller Financing Available

listing image
Asking Price:$3,000,000
Gross Revenue:$2,900,000
Rent:$15,000/Month
FF&E:$275,000
Cash Flow:$850,000
Inventory:$35,000
EBITDA:$1,222,000
Established Year:2000
BUSINESS DESCRIPTION

The Most Successful & Profitable Bar Business in Philadelphia features 10,000 Sq ft of Bar, Patio Bar, Restaurant, Banquet Venue


DETAILED INFORMATION
Location
Philadelphia, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
10,000
Lease Expiration
31/10/2022
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This Oasis of a Restaurant Bar includes a Waldorph Astoria Kitchen with Patio Bars for outdoor dining & cocktails & large area parking. Indoor bar seats 40 with overall dining for 200. Real Estate Option Available
Growth & Expansion
Proformas for Expansion at 5 Million
Financing
Real Estate Option available at Market Price w/Appraisal
Support & Training
Turn Key Long Term Support
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Matthew
Titus
logo-img
Matthew Titus