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- RE: Restaurant- Lunch Only Nets $181K - Only 10% Down
- Contact: Joseph Chiarello
Quick Facts
Asking Price: | $450,000 | |
Annual Revenue: | $697,901 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $181,108 | |
Total Debt: | Not Disclosed | |
FF&E: | $130,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 4 | |
BBN Listing #: | 979117 | |
Broker Reference #: | 2702-18591 |
Business Overview:
This business has been pre-qualified for a loan with buyer only needing 10% down ($45,000). Buyer would take home after paying debt service $112,000. Buyer would earn their down deposit back within 5 months!
KEY POINTS:
- This business has been around for a long timeÂ
- selling as a hands on owner operation
- current owner running it absenteeÂ
- business has a G liquor license - opportunity to sell alcoholÂ
- closed Sundays! opportunity for new owner to open and serve brunch
- Mon-Sat = 11am-3pm...that's only 4 hrs a day they are open for 6 days a total of 24hrs open during a week! Easily can grow business by increasing hours and menu!
- Stand alone buildingÂ
- In a great town - Bucks countyÂ
- Only doing lunch and some cateringÂ
- Able to expand to breakfast, dinner, brunch and cateringÂ
- current owner does very little marketingÂ
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Property Features and Assets:
Assets = $280,000
Reason for Selling:
Slimming overall operations/restaurants. Overloaded.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Pennsylvania businesses for sale
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- Find a business broker
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