Restaurant- Lunch Only Nets $181K - ONLY 10% DOWN

Bucks County, PA
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Asking Price:$450,000
Gross Revenue:$697,901
FF&E:$130,000
Cash Flow:$181,108
Inventory:$5,000
Established Year:1998
BUSINESS DESCRIPTION

This business has been pre-qualified for a loan with buyer only needing 10% down ($45,000). Buyer would take home after paying debt service $112,000. Buyer would earn their down deposit back within 5 months!

KEY POINTS:

This business has been around for a long time
selling as a hands on owner operation
current owner running it absentee
business has a G liquor license - opportunity to sell alcohol
closed Sundays! opportunity for new owner to open and serve brunch
Mon-Sat = 11am-3pm...that's only 4 hrs a day they are open for 6 days a total of 24hrs open during a week!! Easily can grow business by increasing hours and menu!
Stand alone building
In a great town - Bucks county
Only doing lunch and some catering
Able to expand to breakfast, dinner, brunch and catering
current owner does very little marketing


DETAILED INFORMATION
Location
Bucks County, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Lender pre-screened with $45K down.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Slimming overall operations/restaurants. Overloaded.
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Joe
Chiarello
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Joe Chiarello