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Business for Sale Summary

Upscale Restaurant Lounge - 23367

Business Type: bar/tavern/night clubs,restaurant/ cafes
Upscale Restaurant Lounge
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This business has received 37 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $100,000
Gross Revenues $299,994 Lease Remaining Register Free to View
Owner’s Cash Flow $113,535 Number of FT Employees Register Free to View


$100,000 Down and Balance Over 3 years @ 6%

Business Description

This beautiful renovated 3,000 sq.ft. Modern Restaurant/Bar & Upstairs Loft Lounge area is perfect for those who would love to own the ultimate in a American/Italian cuisine nightspot. Plenty of leather furniture and marble fixtures to keep your patrons coming back! The owner is willing to take a note with atleast 75% down. All numbers are verifiable and there is the option of buying the entire building with the top 2 floors being rented out for an additional income of $3k per month from 3 2br apartments. This is a surefire moneymaker with the right management being right in the heart of downtown Scranton with plenty of foot-traffic and area colleges. Contact me today for the full-financials, this one isn't going to be available long!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.