Under LOI
High Traffic, High Visibility Restaurant on William Penn Highway
This modern, new-build restaurant is a great opportunity with this recent price improvement. It is a popular establishment known for its delicious food and drink options. It is a highly profitable location with great visibility from Wm Penn Hwy, ample parking, and seating for over 90 patrons plus outdoor patio seating. The owner is absentee.
**ASKING PRICE:** $295,000
**Gross Revenue:** $1,000,000
**Cash Flow:** $65,000 (absentee owner)
**FF&E:** All new, all included
Listed By: Lisa Tomasovich
Background information
Reference:
24-383
Year established:
2021
Reason selling:
Downsizing portfolio
Finance
Sales:
$1,000,000
Profits:
$65,000
Operations
Furniture fixtures and equipment:
All Included
Premises
Facility:
# Of Seats: 90+ inside, 30 patio
Square footage:
2,543
Rent and lease terms:
Leased
Price and terms
Price:
$295,000
Financing:
Potential for Seller Financing
Training:
Yes