Restaurant & Bar with a craft beer menu and some stimulating cocktails, a delicious food menu, and weekend brunch. Located in the heart of Philadelphia, the building has 5,000 square feet and bars on both floors. The first floor is the main business area, with a stage for live bands and events. The 2nd floor is regularly filled with private catered events, with a capacity for up to 120 people. There is a decent-sized kitchen and dishwashing area, as well as basement storage with walk-in coolers, freezers, and refrigerators. Business has picked up increasingly since lockdown restrictions have been lifted, and it is currently very busy. This business will come with a Philadelphia liquor license worth $220,000 (included in the sale), and training will be provided by the seller. We are seeking a serious and financially qualified buyer. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
- Asking Price:
- $300,000
- Sales Revenue:
- $1,200,000
- Cash Flow:
- $225,000
Business Operation
- Reasons for selling:
-
Seller is moving
- Employees:
- 2 FT/9 PT
- Years established:
- 2
Other Information
- Support & training:
-
Seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
150,000.00 Down & $150k for 12 months @ 7%
- Furniture / Fixtures value:
- $10,000
- Inventory / Stock value:
- $15,000
