Popular Northeast Bar/ Restaurant for sale
Business Description
POPULAR NORTHEAST BAR/RESTAURANT FOR SALE - TURNKEY OPPORTUNITY IN PRIME HIGH-TRAFFIC LOCATION
Established in 2020, this thriving bar and restaurant has quickly become a popular destination in Northeast Philadelphia. Located in a prime high-traffic area, this turnkey operation offers an exceptional opportunity for an experienced operator or investor looking to enter the vibrant Philadelphia hospitality market.
BUSINESS OVERVIEW:
This well-positioned establishment has built a strong reputation as a go-to destination for Happy hour, nightlife, game-day events, and weekend entertainment. The business benefits from an established customer base and consistent revenue streams, having operated successfully for over four years in a competitive market.
FACILITY FEATURES:
• Open, adaptable layout maximizing operational flexibility
• Full commercial kitchen supporting comprehensive food service operations
• Recent upgrades implemented to enhance operational efficiency
• Strategic location capturing high traffic and visibility
OPERATIONAL ADVANTAGES:
The current layout provides versatility for various service models and entertainment formats. Recent investments improvements position the business for continued success under new ownership. The established customer base provides immediate revenue potential for qualified buyers.
FINANCING & TRANSITION:
Asking price: $400,000 with flexible financing options including seller financing available to qualified buyers. The retiring owners are committed to ensuring a smooth transition and will provide comprehensive training to support the new owner's success.
GROWTH POTENTIAL:
Significant expansion opportunities exist, including potential long-term real estate acquisition possibilities. The prime location and established operations provide a solid foundation for growth-minded operators.
This represents an exceptional opportunity to acquire a profitable, well-established bar and restaurant in one of Philadelphia's most dynamic neighborhoods. The combination of prime location, operational efficiency, and seller support creates an ideal scenario for continued success.
Real estate is leased. Serious inquiries only from qualified buyers with appropriate experience and financial capability.
Established in 2020, this thriving bar and restaurant has quickly become a popular destination in Northeast Philadelphia. Located in a prime high-traffic area, this turnkey operation offers an exceptional opportunity for an experienced operator or investor looking to enter the vibrant Philadelphia hospitality market.
BUSINESS OVERVIEW:
This well-positioned establishment has built a strong reputation as a go-to destination for Happy hour, nightlife, game-day events, and weekend entertainment. The business benefits from an established customer base and consistent revenue streams, having operated successfully for over four years in a competitive market.
FACILITY FEATURES:
• Open, adaptable layout maximizing operational flexibility
• Full commercial kitchen supporting comprehensive food service operations
• Recent upgrades implemented to enhance operational efficiency
• Strategic location capturing high traffic and visibility
OPERATIONAL ADVANTAGES:
The current layout provides versatility for various service models and entertainment formats. Recent investments improvements position the business for continued success under new ownership. The established customer base provides immediate revenue potential for qualified buyers.
FINANCING & TRANSITION:
Asking price: $400,000 with flexible financing options including seller financing available to qualified buyers. The retiring owners are committed to ensuring a smooth transition and will provide comprehensive training to support the new owner's success.
GROWTH POTENTIAL:
Significant expansion opportunities exist, including potential long-term real estate acquisition possibilities. The prime location and established operations provide a solid foundation for growth-minded operators.
This represents an exceptional opportunity to acquire a profitable, well-established bar and restaurant in one of Philadelphia's most dynamic neighborhoods. The combination of prime location, operational efficiency, and seller support creates an ideal scenario for continued success.
Real estate is leased. Serious inquiries only from qualified buyers with appropriate experience and financial capability.
About the Business
- Years in Operation
- 5
- Employees
- 15 (10 Full-time, 5 Part-time)
- Facilities & Assets
- • Prime commercial space
• Indoor and outdoor dining areas
• Complete commercial kitchen setup
• Full bar with professional equipment
• New walk-in refrigeration
• High-visibility corner location with excellent signage - Opportunities for Growth
- There is long term real estate possibility
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Owners are retiring and Moving
- Transition Support
- Owner will be willing to stay on to train
- Financing Options
- Cash or owner Financing
Listing Info
- ID
- 2440355
- Listing Views
Business Location
Listing ID: 2440355 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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