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  Busy Resturant-Great Decor
Type: Active Restaurant
Selling Price: $ 995,000
Featured: No

More Information
Gross Revenue: 2000000
Gross Revenue Comments: If you are looking for a large restaurant with seating for over 200 this is the place. The price includes the liquor license. Location is at a very busy intersection with plenty of parking at this free standing building. Current owner spent over $1mil 6 years ago on renovations. Location has 3 dining areas, full bar, patio and plenty of room for private functions. There are 3 kitchens and plenty of storage. There is a full POS system in place. The location does 40k per week in sales and has a full time staff in place that would stay with a buyer. This is one of the nicest looking restaurants you will find in Bucks or Montco. All equipment is in good condition.
Inventory: 15000 not included
Cash Flow Comments: Competition: Current owner does minimal advertising except for email. They have a database of over 5000 customers which will be provided to the buyer Support/Training: Seller will assure smooth transition
FF&E: 200000
Seller Financing: no
Year Established: 2004
Employees: 30
Franchise: no
Facilities: 8000 sq. ft on over 2 acres. Seating for over 200 inside with another 50 outside. The location is at a great intersection and has plenty of parking. There is a main kitchen and then a display kitchen with a wood fired oven and also a coal fired pizza oven. Over $1 mil spent in renovation 6 years ago. Rent is approx. $14k per month inclusive of NNN
Reason for Selling: Downsizing

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