- Advert ID: 699864
- (Seller ref: 57227)
South Philly Restaurant and Bar For Sale
- Location:
-
- United States
- > North East
- > Pennsylvania
- > Philadelphia
- > South Philly
- Category:
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Summary
- Asking price:
- $342,000
- Sales revenue:
- $572,000
- Net profit:
- Available on request
- Years established:
- 2006
Business description
S.Philly Restaurant and Bar For Sale. Recently remodeled space includes lease with 13 years left currently at 4k per month, large kitchen in basement, new bathrooms, new dining room furniture and marble bar and fixtures. Fully equipped sound and security system. Liquor License also included.
1. Food compromises approximately 72% of Sales.
2. Bar/Beverage compromises approximately 28%.
Growth in this industry is tending away from food and large portions to drinks and smaller portions with a more open air environment. Great opportunity for someone to reconcept to a more casual type atmosphere, open the walls for sidewalk seating with retractable windows, and increase beverage sales. All of the interior remodeling is done and very little left to be desired.
Property information
- Real Estate:
- Lease
- Location:
- Great location in heart of several italian restaurants of destination
Other information
- Reasons for selling:
- Other Business Interests
- Trading hours:
- Tuesday-Sunday
- Financing available:
- $100,000 @ 10% 3 year
- Furniture / Fixtures value:
- $280,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United States
- > North East
- > Pennsylvania
- > Philadelphia
- > South Philly
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