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Businesses For Sale > Business For Sale in Bethlehem area, Pennsylvania (PA)

Italian restaurant, liquor license & property

Bethlehem area, Pennsylvania (PA)

Asking Price: Gross: Cash Flow:
$545,000 $683,000 Undisclosed

Inventory Value:
$10,000 (included in the asking price)

Real Estate:
$495,000 (not included in the asking price)

Business Summary:
Lehigh Valley landmark restaurant, seats 65 people. Asking price of $545,000 includes liquor license! The restaurant has been an integral part of this historic community and the surrounding area for over 65 years. Menu includes Pasta Dinners, Hot & Cold Subs, Pizzas, Appetizers and Salads. Family friendly reputation and open late for the adults at the newly renovated bar. This historic building has a total square footage of 2,900 sq. ft +/- and is offered for $495K. Contact us for more details!

 

   
Year Business was Established: 1941
   
Number of Employees: 2 F/T; 15 P/T  
   
Facilities / Terms of Lease: This historic building has a total square footage of 2,900 sq. ft +/-. The dining room and the bar occupy over 1,700 square feet. There is an office area on the upper floor. The facility has central air, a full camera security system, and recently renovated dining room, bar and rest rooms. The bar features hand-made and hand-pounded English copper and mahogany paneling. There is also a full indoor/outdoor sound system with sidewalk seating during warmer weather.  
   
Potential Growth/Expansion: This restaurant will continue to grow with an involved owner. The community and surrounding areas have supported this restaurant for many years. You can grow the delivery business by adding a few more drivers. Another growth possibility would be to add a Sunday Brunch - there is not much competition in this area.  
   
Owner willing to finance: Seller's bank will offer comm'l financing for qualified buyer  
   
Owner willing to train: Transitional training included  
   
Reason for selling: Dissolution of partnership  
   
Seller Reference Number: 11301915
BusinessMart.com Listing Number: 34829
 

 

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For more info contact:

Steven Horowitz

The Stevenz Group
856-427-0472

CONTACT SELLER

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