Very Well known and Decades Old Asian Restaurant
| Asking Price: | $1,050,000 |
| Gross Revenue: | $1,100,000 |
| Established Year: | 1977 |
| Cash Flow: | $320,000 |
| Real Estate: | $1,400,000 |
Long standing, well established and well-respected restaurant and bar in existence for over 45 years by same owner.
Large 4500 sf. facility on one-acre high traffic main artery with 200 feet of road frontage providing much visibility and exposure along with large signage.
Great high density of population (homes and apartments) and many businesses within a 5 mile radius, this is the place to go.
Those out of the immediate area travel for there menu and quality.
Parking for up to 70-80 cars.
Restaurant seats 165 and 20 at the bar and does a big take-out business
Currently restaurant is an Asian theme but can be changed to almost any type cuisine.
3900 sf basement provides substantial storage for inventory, refrigeration, equipment, etc. Price includes all , equipment, fixtures and PALCB restaurant “R” license ( Bucks "R" license alone has a current value of $365K).
Offered at $1.050M for the business and the valuable Bucks County Liquor license.
Some Owner financing available for a qualified Buyer.
Real Estate and business can be purchased together at $2.2M
Information and financials are available upon signing an NDA.
Current appraisal of the real estate is $1.4million.
For additional information:
Contact
Michael
215 681 6888
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