Restaurant for sale in Montgomery County PA
Asking Price: | $550,000 |
Gross Revenue: | $850,000 |
Rent: | $4,000/Month |
Cash Flow: | $229,000 |
Inventory: | $25,000 |
Established Year: | 2012 |
Profitable, Charming, well Established, family operated Restaurant with Mediterranean cuisine. This restaurant features cozy interiors and is equipped with a full service kitchen and a seating capacity of around 90 people. It is also equipped with a nicely decorated party room that can accommodate approx. 30 guests for parties & events. Serves delicious Mediterranean food. Situated in a busy area, it is surrounded by a huge neighborhood with many high rise condo units. These high rise buildings have been occupied by many residential & commercial offices as well. This restaurant occupies a special space in this busy location with direct front access from the parking lot and with access in the back to and from the condo mall. Business is attractive with low rent and a good lease. Equipped with ample parking & conveniently located to major roads and highways. Business has a good online presence as well.
The cash flow noted is for an owner/operator working 50 hrs/wk taking NO salary and before debt service.
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