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Business for Sale Summary

Absentee Bar and Restaurant for Sale in PA - 36189

Business Type: absentee business,bar/tavern/night clubs,other eating & drinking places,owner financing available,restaurant/ cafes/ diners
Owner Financing
Absentee Bar and Restaurant for Sale in PA
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This business has received 61 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $300,000
Gross Revenues $1,307,914 Lease Remaining Register Free to View
Owner’s Cash Flow $221,004 Number of FT Employees Register Free to View


$300,000 Down and balance of $250k for 60 months @ 10%

Business Description

This full-service bar and restaurant in Berks County, Pennsylvania, is a fantastic opportunity for someone looking to enter the restaurant business or expand their portfolio. Established for 9 years, with a specialization in steaks and seafood, it appeals to a broad range of diners. The capacity to seat 81 guests, along with an additional 20 at the U-shaped bar, provides ample space for patrons to enjoy their meals and drinks. The fact that it has garnered hundreds of positive online reviews speaks volumes about its quality and reputation. Seller is willing to help train new owner over a negotiated period of time. With a strong customer base already in place & an option to buy the property through the seller priced at $850k. There's great potential for a new owner to build upon this foundation and continue growing the business. For more information, please contact the broker Tyler Wright-Wylie at 267-428-4649.

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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.