Bar, kitchen and income real estate all in one

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Germatown bar, L.L., kitchen, Apartment income for Sale, priced to move
Asking Price:
$405,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$75,000
included in asking price

Real Estate:
$150,000
included in asking price

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Business Description

Germantown area successful bar, restaurant with 4 apartments, includes liquor license, real estate, 4 fully furnished apartments, all furniture, fixtures, equipment, inventory and
goodwill. Mostly CASH income, Bar is 94 foot long, well equipted and DJ booth. Turnkey, Liquor license included entertainment and take out. Three 50' HDTV's, New rubber roof, Currently serving Caribbean, soul food & seafood cuisine. Apartment income of $2.1k per month. Liquor license alone is worth $195k. Contact me for a detailed summary report
Asking price includes all liquor and beer on premises. If less than $425K alcohol will be sold dollar for dollar on all un-opened bottles and cans. Sells alot of take out beer-CASH

About the Business

Location:
Philadelphia, Pennsylvania
Year Established:
2000
Number of Employees:
1 FT, 5 PT
Real Estate:
Owned
Building Sq. Ft.:
2,000
Facilities:
Solid brick and mortar 2 story building with full basement, new rubber roof
Front signage on busy main street with plenty of parking. Owner invested much money on roof, new double glass cooler and new sewer line from street to basement
Market Outlook/
Competition:
Location has high potential with right owner and new marketing
All apartments are fully furnished, includes HDTV, washer and dryer, tenants pay the utilities (electric only) Sells several 100's of cases beer just on take out monthly.
Growth & Expansion:
Catering and special events. Increase sales with marketing and on-site management
Great cash business in high traffic area. Fun and food for fair price. Apartment income!
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About the Sale

Reason For Selling:
retire
Training/Support:
RAMP certified, some seller financing may be available

Listing Info

ID:
1484026
Ad Detail Views:
1551

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Business Listed by

Joseph Morrin

Bar Doctors Inc

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