Bar with 2 story building for sale

Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$300,000
Included in asking price
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Bar with 2 story building for sale


Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$300,000
Included in asking price
Business Description
This property consists of a two-story building and a barbusiness including "R" Liquor License featuring private rooms on the second floor and a basement . A Philadelphia (R) liquor license is currently trading on the market for approximately $179,000. Thebar business t has been in operation for a long time; it is conveniently located near a subway station and generates very stable revenue and income. The current owner is not actively involved in day-to-day operations which are managed entirely by the employees . Furthermore, the business could potentially be converted into a different type of business such as a beer deli, any type restaurant while retaining its existing liquor license. I strictly request that Please don't speak with the employees or make any direct phone calls because the seller is not present on site. The sale price includes the type "R" (restaurant and bar ) liquor license. The building is not available for sale separately. the seller wants that the business and the building be sold together as a single package. According to the seller, annual expenses approximately $2,500 for real estate taxes, an average of $1,000 per month for utilities, roughly $70,000 for employee wages, $6,900 for building and business insurance and approximately $9,000 for various other miscellaneous costs not explicitly listed here. Once the buyer and seller have reached a mutual agreement regarding the price and other terms, the buyer will be granted full access to verify all details and financials.
About the Business
Real Estate
Owned or Leased
Owned
Included in asking price
Listing Info
ID
2484663
Listing Views

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Business Listed by: Peter Han PK Property ,real estate company in PA,NJ,NY.

Listing ID: 2484663 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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