Have you been dreaming about owning your own restaurant but don't know where to start or want to deal with the headaches or permits and contractors well this is the perfect business. Brand new restaurant with all new equipment. easy operation and great hours. Own a restaurant make money and have your weekends off, sounds to good to be true, well its not. This is an amazing opportunity in a prime location of Rittenhouse square, right in the center of the most desirable area of Philadelphia. Easy access to train stations and buses stations. Right next door to a very busy parking lot.
About the Business
Number of Employees:
Building Sq. Ft.:
$9,500.00 Per Month
Opened in June of 2017, beautiful decor, all brand new equipment included. Seats 50 people with potential for more seating, finished basement with large walk-in box and freezer also lot of storage. Long term lease available. Will not need to replace anything for years.
The restaurant is in a great location with a perfect concept for today's health conscience clientele of all ages. We have a great menu with amazing options for everyone. We take pride in our home cooked healthy food.
Growth & Expansion:
We have a very successful business with amazing growth potential with adding on and off premise catering, Many customers have requested adding a coffee and healthy desserts option creating an atmosphere for doing work and renting out our space on the off times.
We will provide training for up to two months. Our employees are willing to stay with the business, they are all well trained and great employees.
Ad Detail Views:
Asking Price: $125,000 Gross Revenue: $900,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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.