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POPULAR NORTHUMBERLAND HIGH GROSSING RESTAURANT WITH ASSETS AND LIQUOR
Northumberland County, PA
Seller Financing Available
Asking Price:$1,400,000
Cash Flow:N/A
Gross Revenue:N/A
EBITDA:N/A
FF&E:N/A
Inventory:N/A
Established:2008
Business Description
Local Hot Spot with Comfort Food, Flat screen TVs, and more
Local Hot Spot with Comfort Food, Flatscreen TVs, and more
At a Glance
This is a popular local hot spot with loyal patrons. With over 5000SQFT of space, this place can hold numerous events for all occasions. Perfect for sports fans, families, and more. An impressive parking lot allows for convenience for a place that can seat up to 122 people.
This listing also includes Liquor Licenses as well as assets that will go along with the sale.
The Numbers
Asking Price: $1.4 Million
Gross Revenue: $1.5 Million average 2019, 2021, 2022
Cash Flow: 200k+
Liquor License: Yes, Northumberland County R, $40k value
Sq Ft: 5318+ sq feet, 38 Parking Spaces
# of Seats: 122
Listing Features
FF&E: included/not included: All FF/E is included in the sale, Full list in
Real Estate Owned or Leased: Owned
Seller Financing Yes or No: Yes
Year Established: 2008
Support/Training from Sellers: Yes
Reason for Selling: New Opportunity
Growth and Expansion Opportunity: Catering/Banquets
At a Glance
This is a popular local hot spot with loyal patrons. With over 5000SQFT of space, this place can hold numerous events for all occasions. Perfect for sports fans, families, and more. An impressive parking lot allows for convenience for a place that can seat up to 122 people.
This listing also includes Liquor Licenses as well as assets that will go along with the sale.
The Numbers
Asking Price: $1.4 Million
Gross Revenue: $1.5 Million average 2019, 2021, 2022
Cash Flow: 200k+
Liquor License: Yes, Northumberland County R, $40k value
Sq Ft: 5318+ sq feet, 38 Parking Spaces
# of Seats: 122
Listing Features
FF&E: included/not included: All FF/E is included in the sale, Full list in
Real Estate Owned or Leased: Owned
Seller Financing Yes or No: Yes
Year Established: 2008
Support/Training from Sellers: Yes
Reason for Selling: New Opportunity
Growth and Expansion Opportunity: Catering/Banquets
Detailed Information
- Location:
- Northumberland County, PA
- Competition:
- Very Popular
- Growth & Expansion:
- Banquets and Catering Options
- Support & Training:
- Yes
- Reason for Selling:
- New Opportunities
- Franchise:
- This business is an established franchise
- Business Website:
- https://sofrankoadvisors.com/listing/popular-northumberland-high-grossing-restau
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Business Listed By:
Sponsoring Broker:
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Business Listed By:
Chad Vail
SOFRANKO ADVISORY GROUP, LLC
Sponsoring Broker:
Ronald A. Sofranko, Principal
Listed By: Chad Vail
Background information
Reference:
22-183
Year established:
2008
Reason selling:
New Opportunities
Premises
Square footage:
5318
Rent and lease terms:
Owned
Opportunities
Growth:
Catering/Banquets
Price and terms
Price:
$1,400,000
Financing:
Yes
Training:
Yes