Hot Listing
Own Two Established Restaurants with Significant Growth Potential.
Business Description
Two Turnkey Restaurants: Fine Dining & Upscale Pizzeria.
An exceptional opportunity to acquire two fully operational, European-style restaurants located side by side in a historic building in Philadelphia, Pennsylvania. This unique offering includes a fine dining restaurant, an upscale pizzeria, a spacious outdoor patio, dedicated event space, and a valuable liquor license—creating multiple revenue streams from dining, catering, and private events.
Both restaurants are beautifully appointed with high-end furnishings, fixtures, and décor, providing an elegant atmosphere that has cultivated a loyal customer base and an outstanding reputation. Situated in a premier, rapidly growing location, the property offers excellent visibility, strong foot traffic, and convenient accessibility.
The current owner has invested approximately $2.8 million into the property, with documentation and receipts available for qualified buyers.
Adding to the value of this opportunity, the business already has more than $610,000 in booked event revenue for 2026/2027, with additional bookings continuing to be secured. Banquet Event Orders (BEOs) and supporting financial documentation will be made available during due diligence.
The asking price includes all business assets, furniture, fixtures, equipment, goodwill, and other components of the business as described, allowing for a seamless, turnkey transition.
To protect the confidentiality of the business, detailed financial information, photographs, and additional documentation will be provided only to qualified buyers who execute a Non-Disclosure Agreement (NDA).
Both restaurants are beautifully appointed with high-end furnishings, fixtures, and décor, providing an elegant atmosphere that has cultivated a loyal customer base and an outstanding reputation. Situated in a premier, rapidly growing location, the property offers excellent visibility, strong foot traffic, and convenient accessibility.
The current owner has invested approximately $2.8 million into the property, with documentation and receipts available for qualified buyers.
Adding to the value of this opportunity, the business already has more than $610,000 in booked event revenue for 2026/2027, with additional bookings continuing to be secured. Banquet Event Orders (BEOs) and supporting financial documentation will be made available during due diligence.
The asking price includes all business assets, furniture, fixtures, equipment, goodwill, and other components of the business as described, allowing for a seamless, turnkey transition.
To protect the confidentiality of the business, detailed financial information, photographs, and additional documentation will be provided only to qualified buyers who execute a Non-Disclosure Agreement (NDA).
About the Business
- Years in Operation
- 7
- Facilities & Assets
- Impressive in excellent condition furniture/ fixtures, three 5 years extension (total of 15 more years after the expiration date)!
- Opportunities for Growth
- Currently, both restaurants are only open five days a week for dinner. Significant opportunity to expand hours to include brunch and to be open seven days a week with greater use of outdoor space. New Upscale furnished apartments in our building, which will likely bring in many new customers. Additionally, the surrounding area has a high concentration of offices and businesses, presenting a strong potential for lunch and early evening diners.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,492
- Rent
- $17,000 per month
About the Sale
- Seller Motivation
- Family Relocation
- Transition Support
- Training on operations and customer service, equipment usage, employee management as well as support in areas like marketing.
Listing Info
- ID
- 2383824
- Listing Views
- 3076
Attached DocumentsAttachment Disclaimer
Listing ID: 2383824 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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