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Businesses For Sale > Business For Sale in Philadelphia, North East, Pennsylvania (PA)
Beautiful (Large) Philly Bar/Grill and Nightspot!!! NE
Philadelphia, North East, Pennsylvania (PA)
| Asking Price: |
Gross: |
Cash Flow: |
| $320,000 |
$265,000 |
$170,000 |
Furniture and Fixtures Value:
$150,000 (included in the asking price)
Inventory Value:
$20,000 (included in the asking price)
Business Summary:
Beautiful double-sized venue in Northeast, Philadelphia. Newly renovated and includes full kitchen, large bar, and stage area for live entertainment. Wrap-around porch highlights entrance and can facilitate outside seating during summer. Minimal business competition in area, with opportunity to grow significantly with food and wide-range of live and club oriented entertainment. Purchase price includes clean liquor license for transfer. Real estate not included. Venue has excellent lease terms that include main venue, large basement, full kitchen, and upstairs office. Vending services recently updated and include pool table, arcade machines, 19" Touchtunes, and Megatouch.
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| Year
Business was Established: 1972 |
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| Number of Employees:
1FT/6PT |
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| Facilities / Terms of Lease:
Large double-sized main venue, basement, kitchen, and upstairs office space. Lease is $1,500 mos. |
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| Potential
Growth/Expansion:
Significant growth available through kitchen operation. Stage area highlights entertainment. Security and presentation draws new & returning patrons. |
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| Competition:
No comparable competition considering assets. |
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| Owner
willing to finance:
NO |
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| Owner
willing to train:
YES |
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| Reason for selling:
Health and Family Issues with partner. |
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Seller Reference Number: min300
BusinessMart.com Listing Number: 36154 |
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