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Italian Restaurant & Bar for sale in Montgomery, PA

Montgomery, Pennsylvania (PA)

Asking Price: Gross: Cash Flow:
$ 600,000 $ 702,000 $ 312,000

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
$ 20,000 (not included in the asking price)

Business Summary:
This is a nearly 50 year business. It's an Italian restaurant with an added bar about 15 years ago. This place has an established clientele. it has seen a lot of growth in the last 3-4 years. Delivery has been added which is going well.

 

   
Year Business was Established: 1969
   
Number of Employees: 12  
   
Facilities / Terms of Lease: Lease  
   
Potential Growth/Expansion: we have already set new catering accounts in motion but more can be made to extend growth.  
   
Owner willing to finance: yes, with min 450,00 down  
   
Owner willing to train: yes  
   
Reason for selling: personal issues  
   
Seller Reference Number: bm2027825061
BusinessMart.com Listing Number: 214243
 

 

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