2 Pub/Restaurants w/real estate
Business Description
We have 2 Bucks County Pub/Restaurants with real estate.
1. Very popular and very successful high grossing pub/restaurant in high per capita income area. Well maintained and managed and in excellent turn key condition. Approximately 5000 sq. ft. with outdoor seating and plenty of parking. Confidential listing and must sign an NDA to obtain location and information. Asking price $3,500,000 includes business assets, real estate, liquor license.. Principals only and must be sufficiently capitalized to purchase. SBA financing is available with 10% down.
2. Levittown, Pa. This property has the capability to have many commercial uses and is a great value add opportunity for an owner/user combination to operate their business and collect rental income to support the mortgage.
Property was appraised 2 years ago for $1.7million before Wawa finished construction and opened up. Bucks County has just valued the real estate at $2.3million. Brand new super Wawa opened directly next to this site along with a new traffic lighted corner and traffic has increased substantially. The site is located on approximately 1.8 acres and is situated on a corner lot in a highly visible location next to a brand new very busy super Wawa. The main building is currently a restaurant/bar encompasses approximately over 5000 square feet in the restaurant and the separate bar area is approximately 3500 sf. Both can be combined into one entire unit just by removal of a common interior wall. There is an incredible opportunity to expand the huge second floor unfinished area with high ceilings into almost anything within the zoning allowance. There is parking for over 75 cars on paved parking. The adjacent separate multi-unit commercial building encompasses approximately 7300 sf separated into 2 units of 4100 sf and 3200 sf but is actually 4 units currently being used as 2. Many different uses for this property with high exposure and traffic flow.
For those who want a restaurant and bar operation, seller will sell the business with the real estate for a buyer who wants the real estate and business for $2.2 million. This is an opportunity for a restaurateur to own and operate this once Popular Bar and Restaurant Combined Under One Roof that has been in operation since 1958. Once considered the “hot spot” of Lower Bucks County, retiring owner offers this opportunity to a new and energetic owner. There is Seating Capacity for 220 Guests in the Restaurant in 3 distinct eating areas (one being an all glass atrium) with additional seating for 20 at the bar inside the restaurant. Adjoining the restaurant there is a separate bar/pub for those whose just wish to have casual conversation with lite fare that has a separate entrance in addition to the restaurant and has seating for 150 Patrons which serves as a bar and was once a popular niteclub with live entertainment that could be reactivated, if so desired. Both Have Full Service Bars and a PA State Liquor License is Included with the purchase of the business.
Included on the Site is a detached separate multi-unit commercial building that is leased for added income to supplement the mortgage. There is a new roof and HVAC in the restaurant/bar building that has been installed in the last 2 years. Property has Phase 1 and Phase 2 environmental completion and clean up. New roof on adjacent building is being installed now.
This property qualifies for 90% financing through SBA plus financed renovations.
1. Very popular and very successful high grossing pub/restaurant in high per capita income area. Well maintained and managed and in excellent turn key condition. Approximately 5000 sq. ft. with outdoor seating and plenty of parking. Confidential listing and must sign an NDA to obtain location and information. Asking price $3,500,000 includes business assets, real estate, liquor license.. Principals only and must be sufficiently capitalized to purchase. SBA financing is available with 10% down.
2. Levittown, Pa. This property has the capability to have many commercial uses and is a great value add opportunity for an owner/user combination to operate their business and collect rental income to support the mortgage.
Property was appraised 2 years ago for $1.7million before Wawa finished construction and opened up. Bucks County has just valued the real estate at $2.3million. Brand new super Wawa opened directly next to this site along with a new traffic lighted corner and traffic has increased substantially. The site is located on approximately 1.8 acres and is situated on a corner lot in a highly visible location next to a brand new very busy super Wawa. The main building is currently a restaurant/bar encompasses approximately over 5000 square feet in the restaurant and the separate bar area is approximately 3500 sf. Both can be combined into one entire unit just by removal of a common interior wall. There is an incredible opportunity to expand the huge second floor unfinished area with high ceilings into almost anything within the zoning allowance. There is parking for over 75 cars on paved parking. The adjacent separate multi-unit commercial building encompasses approximately 7300 sf separated into 2 units of 4100 sf and 3200 sf but is actually 4 units currently being used as 2. Many different uses for this property with high exposure and traffic flow.
For those who want a restaurant and bar operation, seller will sell the business with the real estate for a buyer who wants the real estate and business for $2.2 million. This is an opportunity for a restaurateur to own and operate this once Popular Bar and Restaurant Combined Under One Roof that has been in operation since 1958. Once considered the “hot spot” of Lower Bucks County, retiring owner offers this opportunity to a new and energetic owner. There is Seating Capacity for 220 Guests in the Restaurant in 3 distinct eating areas (one being an all glass atrium) with additional seating for 20 at the bar inside the restaurant. Adjoining the restaurant there is a separate bar/pub for those whose just wish to have casual conversation with lite fare that has a separate entrance in addition to the restaurant and has seating for 150 Patrons which serves as a bar and was once a popular niteclub with live entertainment that could be reactivated, if so desired. Both Have Full Service Bars and a PA State Liquor License is Included with the purchase of the business.
Included on the Site is a detached separate multi-unit commercial building that is leased for added income to supplement the mortgage. There is a new roof and HVAC in the restaurant/bar building that has been installed in the last 2 years. Property has Phase 1 and Phase 2 environmental completion and clean up. New roof on adjacent building is being installed now.
This property qualifies for 90% financing through SBA plus financed renovations.
About the Business
- Facilities & Assets
- No. 2 - The restaurant building encompasses approximately over 5000 square feet and the bar is approximately 3500 sf. There is parking for over 75 cars on paved parking. The additional multi unit commercial building encompasses approximately 7300 sf separated into 2 units of 4100 sf and 3200 sf. but could be 4 units.
- Website
- https://matrix.brightmls.com/Matrix/Public/Portal.aspx?ID=DE-116984639103&agt=1
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- both businesses the owners want to retire.
- Transition Support
- buyer should be a qualified and experienced restauranteur.
- Financing Options
- Commercial, SBA
Listing Info
- ID
- 1854287
- Listing Views
- 2229
Attached DocumentsAttachment Disclaimer
Listing ID: 1854287 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 of Use. Learn how to avoid scams.
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