Hot Listing
Price Change - Bar & Cheesesteak Spot – Iconic & Profitable
Business Description
Confidential Sale: Rare opportunity to acquire a well-established, highly profitable food and beverage business in a prime Philadelphia location — including one of the city’s most renowned cheesesteak shops. The business has been operated under common ownership for decades, building strong brand recognition, loyal local and tourist customer bases, and consistent cash flow.
Together, they have amassed over 6,000+ Google reviews with approximately 4.3 stars, showcasing a solid reputation and deep community roots.
The cheesesteak restaurant is a landmark destination for authentic Philly fare.
Flexible deal terms include seller financing up to 65% LTV and an option to purchase real estate. Ideal for an experienced operator or investor seeking a turnkey, high-volume hospitality investment. Additional details and tours available to qualified buyers upon signing a Non-Disclosure Agreement (NDA).
Together, they have amassed over 6,000+ Google reviews with approximately 4.3 stars, showcasing a solid reputation and deep community roots.
The cheesesteak restaurant is a landmark destination for authentic Philly fare.
Flexible deal terms include seller financing up to 65% LTV and an option to purchase real estate. Ideal for an experienced operator or investor seeking a turnkey, high-volume hospitality investment. Additional details and tours available to qualified buyers upon signing a Non-Disclosure Agreement (NDA).
About the Business
- Years in Operation
- 35
- Facilities & Assets
- The sale includes one leased space (with option to purchase)—housing a legendary cheesesteak shop and bar. The location has a fully equipped commercial kitchen, bar infrastructure, and well-maintained FF&E (furniture, fixtures, and equipment). The space is clean and turnkey, with strong street presence and a large shared parking lot (30+ cars) is included. Included in the sale is a "R" liquor license, longstanding brand assets, and leasehold interests. Lease terms are negotiable with attractive rent.
- Market Outlook / Competition
- The business is operated successfully with steady foot traffic, strong brand recognition, and consistent revenue. Despite limited marketing, they benefit from loyal customer bases and national name recognition. The current owner is retiring, leaving significant upside an operator at the beginning or middle of their career.
- Opportunities for Growth
- This well-established business offers several avenues for growth. Opportunities include developing branded merchandise and licensing, expanding marketing to attract new customer segments, and potentially opening additional locations or franchising. Strong brand recognition and a loyal customer base provide a solid foundation for scaling operations. Additionally, leveraging digital ordering and delivery services could further increase revenue. Buyers with operational expertise may explore extending hours or new menu offerings to enhance profitability.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will provide up to 30 days of hands-on transition support to ensure a smooth transfer of operations. This includes training on daily procedures, vendor relationships, staffing, inventory management, and licensing guidance. Additional consultation beyond this period is negotiable.
- Financing Options
- Seller may finance with down payment up to 65% LTV at 5% interest over 5 years.
Listing Info
- ID
- 2376229
- Listing Views
- 1519
Listing ID: 2376229 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.
Businesses for SalePennsylvania Businesses for SalePennsylvania Food & Beverage Businesses for SalePennsylvania Restaurants Businesses for Sale
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