Very Successful Restaurant Bar And Banquets And Catering Facility

Asking Price$3,800,000

Cash Flow
$330,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,850,000
Not included in asking price
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Very Successful Restaurant Bar And Banquets And Catering Facility


Asking Price$3,800,000

Cash Flow
$330,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$4,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,850,000
Not included in asking price
Business Description
Business is well known and in existence for decades.

Very large property which is included in the asking price.

Constant business in addition to other additional profit centers which the current Owner is not doing, since the Owner wants to retire.

Currently business is doing about, (besides the Restaurant, Bar and Catering) 1500 Banquets per year(3 Banquet Rooms) with additional room to grow since they have a website but not doing any additional advertising, which a new Owner could build from that.

Open 6 days a week.

This is a turnkey operation; Owner is constantly making upgrades to the property.

Price includes Business, Property Equipment, Liquor License and all Goodwill.

Adjusted Net income (with add backs) is approx. $800K.

Any prospects must be fully experienced and capitalized to purchase.

This is a Bankable Business.

This is an opportunity of a lifetime to maintain the existing business and to expand.

The Business is located in Lower Bucks County, which is not that far from the area advertised.

Serious inquires only.
About the Business
Years in Operation
48
Employees
50
Facilities & Assets
To many to mention, call for details
Market Outlook / Competition
The business is so well known that even though there is competition as in any business, but has a very loyal customer basis who have been dining there for decades.
Opportunities for Growth
Other growth potential to add on to this amazing business.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
12,000
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will stay for 2 months
Listing Info
ID
2289336
Listing Views
1171

Contact Seller

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Business Listed by: michael weisberg M. Riccardi Agency Inc.

Listing ID: 2289336 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.


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