Sports Type Bar and Restaurant

Levittown, PA
listing image
Asking Price:$550,000
Established Year:2007
Rent:$5,200/Month
BUSINESS DESCRIPTION

Motivated Seller

Established for over 15 years this Bar located on a Main Road in a Strip Center in a well populated area. Upgraded decor, which includes a large Bar area, booths, TV's, games etc.

Presently Liquor Sales are 80% of the Sales, with food 20%.

Large Bar Area with seating at Bar of 20 seats, 6 High Tops and 12 - 4 tops.

POS System also with 11 TV's, All Included in the Price. Pool Tables, Games, etc. (Pool Tables and Games are provided by Vendor)

Fully Equipped Kitchen with various items including Pizza, Sandwiches, Pasta Dishes, etc.

Business shows well (Picture is not actual Business since listing is discreet)

The Bucks license (R)alone has a minimum value of 370K.

The asking price is 550K. Which includes the license worth at least 370K and all Furniture, Fixtures and Equipment.

This is an Asset Sale.

Business is still operating.

Owner will consider holding some portion of a note for a qualified Buyer who knows the food and bar business.

The Business is ideal for someone who knows the Bar and Food industry who also has the knowledge to expand the Business.

Serious inquires only.

Contact

Michael

215 681 6888


DETAILED INFORMATION
Location
Levittown, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Employees
8
Facilities
Fully equipped Business including a large appointed Bar area and kitchen.
Growth & Expansion
New Owner can take this to previous levels and possible even expand further.
Support & Training
Even though an Asset Sale, Seller is willing to stay for a limited period of time during the transition.
Reason for Selling
Owner Retiring
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michael weisberg
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michael weisberg