Restaurant And Bar In Lackawanna County For Sale

Business description

Introducing a very cool Grill & Bar that is located downtown, where all the action is happening in this very active city. Only Italian in downtown; lawyers, students, and locals in general come to eat, drink and have a good time here, because this place has a liquor license. Over 300 new apartments were built last year and 300 more are coming. Location, location, location! 60 to 70 hours week work. Piano man Fridays and Saturdays and Wednesdays coming soon because people ask for him. Even though the real estate is not for sale, the buyer will get the whole building because everything is under one meter and the building has 2 apartments that rent for $1,700 total. When I sat with the owner to have this conversation, he told me that on Saturday night, there were about 60 people in the restaurant and that there were sales for about $3,300.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

His brother was the one managing this restaurant but he went back to Belgium and since he has two more restaurants and a few properties, it makes more sense to him to sell this business.

Employees:

2/2

Years established:

2006

Other information

Support & training:

yes

Financing available:

129,500 down & 55,500k @7% - Negotiable Terms

Furniture / Fixtures value:

$120,000