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Business for Sale Summary

Busy Restaurant in Montgomery County, PA - 26394

Business Type: other eating & drinking places,other food stores,absentee business,assets only sale,best deals!,distressed sales!,must sell/drastic price reduction!,seller financing available,restaurant/ cafes
Busy Restaurant in Montgomery County, PA
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This business has received 336 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $16,900 Down Payment $16,900
Gross Revenues $890,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View


$16,900 Down and

Business Description

Want to get into the restaurant business for only $16,900.00 out of pocket money? Now is the time! This restaurant has the best location in Pennsylvania! Location (location, location) at busy intersection, and close to major mall and several large hotels. The seller must sell right now. He has a different location, way too far to run both restaurants. He must sell right now. Buyer can either take over the franchise, or just change the name. Restaurant has established clientele and trustworthy employees. The lucky buyer only needs $16,900.00 out of pocket, and assumes the 80k debt to immediately get into the restaurant business. It is a free-standing, modern building, with ample parking and seating for 116, including 44 in a heated patio. If buyer wants to keep the franchise, they will need to do $149,000.00 worth of updated improvements or change the name (to not do changes required by franchise), and save $54,000.00 in annual fees, already included in the expenses, which will increase profits by that amount. Owner needs to sell now, as he is too far to run two restaurants. Call today, because the price was just lowered and will not last long. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

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.