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Gourmet Pasta House & Catering In Lehigh County For Sale

Lehigh County, Pennsylvania, US
Asking Price:
$600,000 (USD) Inventory / Stock included
Sales Revenue:
$1,200,000 (USD)
Cash Flow:
$300,000 (USD)

Looking for top shelf Quality and Higher than average profitability? Check out this must see Established beautiful Pasta House and Catering pizzeria business now available in Lehigh County Pennsylvania. Features Location, Location, Location and very a profitable menu by design. COVID 19 note: While initially hit hard by Covid 19 some historical numbers may shed light. According to the seller this year (2020 ) they averaged $24-$25,000./ week in January, $27-28,000./ week in February, Dropped to $18,500 for March.. But Now with the reopening of outdoor dinning they did $38,000.00 for the week of June 14, 2020 in only 6 days. With 30,000 people working within 5 miles, the demand is strong for lunch and catering, In Addition, another 26,000 homes within the same radius equals continued demand for dinner. Along with excellent food and service, the establishment is an inspired design to cater for seating of 120 between indoor and out, 64/60 respectively. This, best in class restaurant is also offer alcohol and according to seller it accounts for $4,500.00 to $5,000.00 /week of total revenue and at higher than average margins. This is expected to continue as this beautiful relaxed restaurant is the jewel of a fast growing and undeserved community. Superior quality and higher than market prices make for a profitable combination! Seller?s 40 years experience is on display here. Don?t miss out. Seller open to selling out right or taking on a managing partner. Partner would be guaranteed $52,000.00 year plus commensurate to equity purchased net profit each week. Minimum Buy-in $250,000.00 ,

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32508 for instant access to this business information.

Business Operation

Reasons for selling:

Fits business model

Employees:
3FT/6PT
Years established:
2016

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

275,000.00 Down & terms TBD for a qualified buyer

Furniture / Fixtures value:
$750,000 (USD)
Inventory / Stock value:
$24,000 (USD) - included in the asking price

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