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Well Established Local Restaurant
Location: United States -> Pennsylvania
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Local well established restaurant for sale. Includes property, inventory, equipment, building, etc. Seating capacity: 110. Number of employees including principle: 14. Current hours provide breakfast and lunch service only...large potential with the addition of dinner service. Consistent year over year sales increase over the past 8 years. On track to gross just under $500K for Y2011. Have been in the business for many years and am interested in selling while the business is thriving and to allow to pursue other opportunites. Current asking price $650,000. For further information, email or call 814-934-7441.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $500,000
Cash Flow:   $95,000
Cash Flow Type:  EBITDA
Inventory:  $45,000
Seller Financing:  No

About The Business

Year Established:  1933
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Will allow new owners to shadow operations until the official transition.
Reason For Selling:  Pursue other opportunities and sale business while it is thriving.




Print Listing Id: 700105313
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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