Delco Cheesesteak & Hoagie Destination with Real Estate

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Asking Price:
$75,000

Gross Revenue:
$256,450
Cash Flow:
$70,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Must sell! After owning and operating this successful cheesesteak and hoagie shop for 50 years, it’s time to retire. Tucked away in a busy working-class neighborhood where everyone knows your name and location. As iconic as Pat’s & Geno’s are to tourists in the Philadelphia area, this restaurant rivals their reputations as well as taste to the Delco Locals! The owners have been cutting back hours, but the neighbors would love if the late night service was back. The owners were closed due to an illness for almost two months and opened without an announcement, they were busy their very first day. There are lots of ways to take this proven business and build on it. Come taste how a Philly cheesesteak should taste and your mouth will water for the business opportunity. The Real Estate appraised a few years ago for $175,000 so you are getting instant equity. Serious inquirers with cash in hand - call today.

PRICE: $ 75,000 USD
REAL ESTATE: $150,000 USD
SDE: $ 70,000 USD

About the Business

Location:
Delaware County, Pennsylvania

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About the Sale

Reason For Selling:
retiring

Listing Info

ID:
1603422
Ad Detail Views:
0

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Business Listed by

Drew Carney

Transworld Business Advisors of Philadelphia Main Line

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Sponsoring Broker:

Johanne Sermania
Transworld Business Advisors of Philadelphia Main Line


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