FAMILY RESTAURANT with huge growth potential

For Sale in Suburban Philadelphia, PA

Listing ID: LRJC232061518 | Broker Listing ID:

Financial & Assets Details

Revenues: $2,000,000

Cash Flow: $400,000

FF&E: $450,000

Inventory: $75,000

Inventory Inc. in Price: Yes

Real Estate: $1,200,000

Square Feet: 5,500+/-

About the Business

Real Estate Included: Yes

Year Established: 1962

Employees: 51

Seller Financing: Yes

Business Description

ESTABLISHED, WELL-KNOWN FAMILY RESTAURANT AND DINER. SEATS 160+ WITH DINING ROOM AND COUNTER SEATING.

REGULAR LOCAL AND PASS-THROUGH CLIENTELE

PRISTINE, EXCELLENTLY MAINTAINED FACILITY AND EQUIPMENT

QUAINT AND WELL DECORATED

MODESTLY PRICED FAMILY RESTAURANT/DINER MENU. WELL KNOWN AMERICAN MENU ENTREES AND DESSERTS WITH LOCAL CUISINE ITEMS MIXED IN!

WELL OILED OPERATION; LOG TIME EMPLOYEES.

MORE THAN ADEQUATE PARKING

Open 7 days per week.

Historical Summary: ESTABLISHED AND FAMILY OWNED SINCE 1962
ESTABLISHED WELL KNOWN REPUTATION
ICONIC SUBURBAN VENUE

Growth & Expansion

EXCELLENT GROWTH POTENTIAL with slight change to operation and advertising

Seller Financing

Negotiable

Market Competition:

MODERATE

Location Details:

BUSY INTERSECTION OF TWO MAJOR THOROUGHFARES

ICONIC SUBURBAN VENUE
ADEQUATE PARKING

Support & Training

Included, Negotiable

Reason for Selling:

Retirement

Listing ID: LRJC232061518

Similar Listings

Waterfront Restaurant & Bar.. Amazing Opportunity!!Sarasota, Asking $2,500,000 View this Listing >