Type: Active Restaurant
Selling Price: $ 320,000
Featured: No

Gross Revenue: 800000
Gross Revenue Comments: If you are looking to be in the center of town in a Bucks county community with high incomes and busy traffic this place is for you. The current owners purchased the property and invested heavily in the property. There is a very upscale casual mood to the location with nice decor. There is seating for over 200 people in 3 different rooms. There is also a full service bar as well as a great patio that seats over 50. The kitchen is fully equipped with plenty of storage. The location has great signage and street frontage. There is a full POS system in place. The current owners do over 70% dinner business. There is also a 2 bedroom apartment that is included in the rent of $10,000 NNN. The price also includes the liquor license.
Inventory: 10000 not included
Cash Flow Comments: The current owners do limited advertising and marketing. They have recently started doing catering from the location and that is taking off. There is plenty of upside for a new owner as this is one of only 3 places in the area with a liquor license.
FF&E: 350000
Seller Financing: maybe
Year Established: 2007
Employees: 15
Franchise: No
Facilities: 4000 sq. ft of newly renovated restaurant with seating for over 200. Great kitchen equipment and plenty of storage. There is also a 2 bedroom apartment included. Free standing building on busy road with great signage.
Reason for Selling: Pursue other opportunity