Well-Established Restaurant, Berks County, PA

Featured on BusinessForSale.com . 19 viewed

Asking Price

$550,000

FOR SALE - ACTIVE

Detailed Information

Location

Pennsylvania, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

Here's a concise description of the business: A well-established full-service bar and restaurant situated in Berks County, Pennsylvania, offers a prime opportunity for individuals keen on entering or expanding in the restaurant industry. With a successful track record spanning 9 years, the restaurant excels in serving steaks and seafood, catering to a diverse clientele. Boasting a seating capacity for 81 guests and an additional 20 seats at the bar, the establishment provides ample space for patrons to enjoy their meals and drinks, supported by a strong reputation evidenced by numerous positive online reviews. The current owner, open to providing training to the new owner over a mutually agreed-upon period, has built a loyal customer base, making this business an attractive investment prospect. The option to purchase the property from the seller further enhances this opportunity. With a solid foundation already in place, there is significant potential for a new owner to expand upon the existing success and drive further growth. Interested parties can reach out to the listing broker for more

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