PHILADELPHIA, Pennsylvania
| Asking Price |
$450,000 |
Year Established |
|
|
| Annual Revenue |
|
Reason for Selling |
Other Interests |
|
| Annual P/L |
|
Attention |
Orlando Rivera |
|
| Annual Cash Flow |
$200,000 |
Listing Number |
985014 |
|
| # of Employees |
17 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
Well-established restaurant, bar, and nightclub generates $1.1M in annual revenue and serves a diverse customer base, including a strong following in the Hispanic/Latino community. The venue is known for its Latin cuisine, vibrant nightlife, and outdoor seating, making it a popular destination for locals and visitors.
The sale includes an R liquor license and operational licenses such as Amusement, Off-Premise Catering, Food Preparation, and Commissary, along with a recently updated bar and fully equipped kitchen. The kitchen staff is expected to stay on, ensuring a smooth transition. The property is leased, with new terms available.
Significant growth potential exists through improved management, off-site catering, and the optional purchase of a turnkey food truck business for $100,000. This additional opportunity allows for brand expansion beyond the restaurant's primary location.
The asking price for this business is $450,000!
Property Features and Assets:
Market Competition and Expansion:
<p>The business is positioned for growth, with opportunities to expand into services such as a lounge experience, off-premise catering, and more.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity