$1 MM Net Turn-Key Upscale Restaurant Group Philly Suburbs

Listing Number: 64646-124591

Listing Details

$1 MM Net Turn-Key Upscale Restaurant Group Philly Suburbs
Price: $2,269,000
Location: Montgomery County, Pennsylvania
  • Down Payment: $1,000,000
  • Sales: $5,452,127
  • Seller's Discretionary Earnings: $966,446
  • Inventory: $100,000
  • Furniture, Fixtures, and Equipment: $1,467,300
  • Employees: 70
  • Year Established: 2005
  • Reason for Selling: Retirement

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For More Information About This Listing
Mikki Lawless
Listing Agent: Johanne Sharp Sermania
License #

Business Description

Expand your hospitality footprint into the Philly suburbs!  Perfect opportunity for an established restaurant group to acquire significant revenue - $5.45 Million in 2025!  Consistent year over year annual growth! Well appointed, upscale full-service dining, bar, banquet and catering facility, coffee house and bakery operation.  Multiple units within a tight geography.  Powerful local brand with major customer following - known for outstanding food and event experiences.  Fully staffed with seasoned leadership team and over 60 well trained hourly employees.  Upscale chic design with no expense spared!  Outstanding facilities and equipment - substantial value in leasehold improvements and FFE.  Real estate available for sale in transaction or seller willing to consider a long-term triple lease for qualified buyer.  Broker has pre-qualified this listing with several SBA lenders - bring your experience and down payment to the table and expand your footprint this year!

Business including Liquor License:  $2,269,000
Real Estate (2 properties):  $7,000,000
TOTAL Purchase:  $9,269,000

Minimum buyer requirements include significant high-volume hospitality/restaurant experience.  Signed NDA with complete buyer profile and interview with Broker required prior to receipt of confidential memorandum details on this outstanding acquisition.