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Turn key money maker with lots of upgrades

Philadelphia, PA

Seller Financing Available

listing image
Asking Price:$275,000
Gross Revenue:$375,000
Rent:$3,000/Month
Established Year:2006
Cash Flow:$200,000
Inventory:$15,000
FF&E:$80,000
Listing ID: 2256423Listing provided by BizBuySell
BUSINESS DESCRIPTION

Restaurant seating too

Fully equipped bar, with low rent at $3,000 a month or purchase building for additional $375,000. New roof, newer HVAC, alarm system, camera system, 2 smart cash registers with liquor control pouring system. Newer floors, lots of newer equipment. Outside patio that is fully licensed to serve on. Brand new garage door windows for an open air feel, two 110 inch HD projection Screens. Fully operational kitchen, located on a busy Avenue. Electric security gates by the push of one button to cover all windows. Glass cleaning system, draft system. Private office, owners suite with full bathroom, tons of dry storage. All FF&E included. I’ll post video, but pay no attention to price brokers used. Our poker machines are always busy.

DETAILED INFORMATION
Location
Philadelphia, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
01/01/2030
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Only a couple bars in the area. We are the only one with licensed outdoor service.
Growth & Expansion
I am absentee owner, I’ve been there 15 years. I don’t promote or have entertainment. Someone puts a spark back into the establishment, they will definitely make triple what I do now.
Financing
Can offer $50,000
Support & Training
Can offer 2 weeks free training
Reason for Selling
Retirement
BUSINESS LOCATION
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Michael Capobianco
Phone Number
Michael Capobianco
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