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Listed by:

Bar Doctors Inc

University City Campus Bar/restaurant/catering For Sale

Philadelphia County, Pennsylvania, US
Asking Price:
$2,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,500,000
Cash Flow:
$450,000

University City Campus Bar/Restaurant/Catering

University City Cash Cow Bar/Restaurant currently grosses 3 million per year and has the potential to gross 5 million The asking price is 2 million with some owner financing for 70% ownership. 100% absentee ownership, 100% turn key with 30% owner.

Property Information

Real Estate:

Lease

Lease Terms:

14,000 per month. Lease expiration 10/31/2022

Location:

Philadelphia, PA (Philadelphia County)

Premises Details:

Trendy restaurant bar on University of Pennsylvania campus with large bar seating for 30 and table seating for 90. Offers full-service catering and has won many awards.

Size in square feet:
4,200

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Business has a growth opportunity of $5.5 million in sales with catering contracts with University of Pennsylvania.

Competition / Market:

Philadelphia Icon

Employees:
10
Years established:
25

Other Information

Support & training:

100% On-Going

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

Some owner financing for 70% ownership

Furniture / Fixtures value:
$175,000 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price