Excellent Corner Location Restaurant on 1.10 acres with liquor license
Location: Pennsylvania > Chester County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $1,947,000
Gross Revenue: $406,164
Gross Revenue Comments: Avg. last 3 years
Cash Flow: $142,384
Cash Flow Comments: Avg. last 3 years
Inventory: $5,000 (Included in Asking Price)
FF&E: $350,000 (Included in Asking Price)
Real Estate: $1,450,000 (Included in Asking Price)
Business Summary
Amazing opportunity to purchase this corner restaurant located at a busy intersection in Chester County. The property itself is 1.10 acres and is zoned for commercial use. Full use liquor license included. Liquor is currently sold over the counter, but the liquor license also allows for serving liquor in the dining room. You can step right into this turnkey operation and continue to run the business or you can use the vast 1.10-acre lot to start another business. The owner is in the final stages of getting approval for a pad site and plans have been drawn to add a 2700 SF addition to the building for a bank. This is an excellent investment opportunity for any investor. Tens of thousands of cars pass by this location on a weekly basis. An older PennDOT traffic analysis showed approximately 70,000 cars pass by this location per week. Purchasing this business would give the new owner the unique opportunity to capitalize on an already existing cash flow while exploiting countless of possible development opportunities. There is plenty of space to either expand the existing structure or to develop an entirely new building. PennDOT approval has been given to expand the parking lot to accommodate a new building. Do not let this opportunity pass you by. Call for a showing and meeting with the owner today! 610-551-9733 www.esqbb.com
About the Business
Year Established: 1997
Employees: 2 full time - 7 part time
Facilities: 1.10-acre corner lot at busy intersection. Full service liquor license included. Building on lot is 2,250 SF.
Market Outlook and Competition: This is the only restaurant near this intersection. Close to businesses and residential areas. An old PennDOT traffic report showed that approximately 70,000 cars pass by this location each week.
About the Sale
Management Training and Support: 2 weeks
Reason For Selling: After being in the pizza business for approximately 2 decades, the owner is simply tired and wants to spend more time with his family.
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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. Please review the full Disclaimer here.
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