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Business for Sale Summary

Sparkling Bar Restaurant for sale in PA - 34546

Business Type: bar/tavern/night clubs,other eating & drinking places,seller financing available,restaurant/ cafes/ diners
Owner Financing
Sparkling Bar Restaurant for sale in PA
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This business has received 27 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $500,000 Down Payment $500,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and 275K at 6% over 24 months

Business Description

Sparklingly beautiful bar restaurant business now available. Many years experience says this place is a grand slam home run! The seller is only interested in taking on a partner for the following Value. "$500,000 for 49% of the restaurant. $150,000 of that stays in the business account to be used for the expansion and upgrades. The seller claims to have spent close to $1,000,000.00 so far on this business. Features include location, location, location, and an all new fit out.... throughout. Valuable Montgomery County Class R license included in the sale. This business is doing very well with little to no marketing or advertising.Two buildings and an outdoor space come with the lease. Present owner is planning to make a beer garden with the second 4,500 sq. ft. building and outdoor space. Rent includes triple net taxes- All numbers provable according to the seller.

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.

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.