1(877) 735-5224
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Business for Sale

Popular Bar & Restaurant for Sale in PA
Philadelphia County, PA

Listing #34622

   
Financial Information (non-confidential)
Asking Price $300,000.00 Gross Revenues $1,200,000.00
Down Payment $150,000.00 Owner’s Cash Flow $225,000.00

Financing: $150,000.00 Down and $150k for 12 months @ 7%

Reason for Selling:Moving to west coast

Restaurant & Bar with a craft beer menu and some stimulating cocktails, a delicious food menu, and weekend brunch. Located in the heart of Philadelphia, the building has 5,000 square feet and bars on both floors. The 1st floor is the main business area, with a stage for live bands and events. The 2nd floor is regularly filled with private catered events, with a capacity for up to 120 people. There is a decent sized kitchen and dishwashing area, as well as basement storage with walk-in coolers, freezers, and refrigerators. Business has picked up increasingly since lockdown restrictions have been lifted, and it is currently very busy. This business will come with a Philadelphia liquor license worth $220,000 (included in the sale), and training will be provided by the seller. We are seeking a serious and financially qualified buyer. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
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Marie Goldstein

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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