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Submarine & Steak Sandwich Restaurant, Well-known, Lehigh Valley

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Bethlehem, Pennsylvania (Northampton Co.) |  Food and Beverage  – Restaurants |  Food and Beverage  – Other Food and Beverage

Business Description

This long-established restaurant has an excellent reputation. You have the option of leasing the rights to continue using the name or changing the name and making it uniquely your own. This 50+ seat facility is in a well-maintained strip mall in a thriving community that is experiencing commercial growth. Excellent employee retention. Owner has decided to go back to school.

About the Business

Year Established:
1980
Number of Employees:
2f/7p
Facilities:
2,000 sq. ft. 51 seats, ample parking, strip mall, favorable lease.
Market Outlook/
Competition:
The immediate and surrounding areas are growing. Competition is as expected but there is nothing noteworthy.

About the Sale

Reason For Selling:
Owner is returning to school.
Training/Support:
Owner willing to train. Key employees would prefer to stay on.
Seller Financing:
Owner will consider some financing for a qualified buyer.

Listing Info

BizQuest Listing ID:
1069651
Ad Detail Views:
1428
Asking Price:
$129,000
Gross Revenue:
$426,082
Cash Flow:
$47,594
Inventory:
$4,000
included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by
Connie Miller
Lehigh Valley Business Brokers

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.