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




Business Summary

Currently a successful operating Italian - American restaurant with seating up to 175 people. Featuring a beautiful bar and lounge area with a small dance floor for weekend entertainment. Ample parking space. Restaurant is situated on approx 3.45 acres located on a major road between 2 large communities. Office space available under part of building for additional income.

Sale price includes liquor license, property, equipment and business $599,000 Call for more info Vito or Tony at 570-698-9900 or 570-335-4681. Current pa officials just passed gambling in bars as of Jan 1 which would allow for additional income.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $599,000
Cash Flow:   $95,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Food inventory is separate
Seller Financing:  No

About The Business

Year Established:  2002
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Will stay a month for transition
Reason For Selling:  Owned is retiring

Photos

View Larger Photo(s) Of Business
Established Restaurant Photo 1 Established Restaurant Photo 2 Established Restaurant Photo 3




Print Listing Id: 700238963
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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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