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Historic Mike's Steak Shop In Downtown Easton
Location: United States -> Pennsylvania -> Easton
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

1236 Northampton st. has been a restaurant for over a 100 hundred years and is a historical landmark in the downtown area of a city in a region that has spent 100's of millions of dollars in the last 5 years alone to revitalize the community and commerce. Before an illness in the family the restaurant was one of the busiest in the area. In the last 5 years business has been kept open for limited hours for loyal customers who refuse to eat elsewhere. If you are willing to sign a 3-5 yr lease Owner is willing to allow remodeling and alterations to the Restaurant itself. Connected to the Restaurant is another establishment that used to be a Pizza Restaurant that is now closed. If you need more space or would like to run a complimentary business this space is also up for lease. The Restaurant is comprised of: 1. Kitchen 2. Men and Women Bathrooms 3. Large Entrance Room: 10+ Counter with Vintage Rotating Counter Seats 3 Large Tables- 4 people each 4. Middle Room 4 Large Tables- 4 people each 2 Small Tables - 2 People each 5. Main Seating Area 10 Large Tables- 4 People each. Our scenery is wonderful and the surrounding businesses and people are Great as well. Please contact me for any more information.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $200,000
Cash Flow:   $150,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1900
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Reason For Selling:  Retirement




Print Listing Id: 700261688
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

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



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