Premier Bar/Restaurant/Catering Business in Philadelphia
Philadelphia, PA
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 |
Listing ID: 2019525Listing provided by BizBuySell
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
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