Bar / Restaurant

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Bar / Restaurant / Apartments / Game Room With PA Lottery Machines

Business Description

Well known & maintained bar/restaurant located in Greater Wilkes-Barre PA area. Features a **modern** interior with designated areas for bar, live entertainment, and game room. Second floor apartments offer additional stable rent revenue or buyer's home accommodation. NOTE: Anyone inquiring can phone business broker to discuss in general this business opportunity but no name or address will be provided during phone call. Qualified buyer prospects can arrange a tour of the property provided they can show one or more of the following: 1) A bank letter of credit 2) A credit score rated good or better 3) A bank statement showing cash balance acceptable to broker PRIOR to appointment. The business and property is for sale and as such is not available for "take over, tryout, or short term lease".

About the Business

Location:
Hanover Township, Pennsylvania
Year Established:
1950
Number of Employees:
4
Real Estate:
Owned
Building Sq. Ft.:
4,500
Facilities:
Bar equipped with full kitchen & cooking area exterior ventilation system. Cellar storage along with additional refrigeration coolers above & below ground level.
Growth & Expansion:
Keno & gambling machines can be added to game room.
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About the Sale

Reason For Selling:
Other Interests
Training/Support:
A few week by seller.
Seller Financing:
Partial seller financing to qualified buyer

Listing Info

ID:
1634414
Ad Detail Views:
440
Asking Price:
$395,000

Gross Revenue:
$300,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$80,000
included in asking price

Real Estate:
$295,000
included in asking price

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Business Listed by

Sy Sebastianelli

Sy Sebastianelli & Associates

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Report an Issue 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.