Listing Number: 45783-587283
This restaurant has a perfect location: on a large urban university campus (40,000+ students, staff and faculty), centrally located to student housing,classroom and administration buildings, major entertainment venues and public transportation.
The restaurant was purchased a year and a half ago by the current owner who unfortunately needs to sell this fantastic business for family health reasons.
What more could an entrepreneur want? A great and profitable business in a great location, a great space, great FF&E in great condition PLUS an owner willing to finance part of the purchase. At this phenomenal price, the new owner can recoup his or her investment within two years.
The current owner says that while his business is very successful with one man managing and working the business, the 70 year old owner feels that a a younger man or a partnership would be able to grow the business and make it even much more profitable than it is today.
- Price: $298,500
- Down Payment: $248,500
- Sellers Discretionary Earnings: $185,000
- Total Sales: $1,050,000
- Location: Philadelphia County, Pennsylvania
- Inventory: $0
- FF&E: $0
- Employees: 14
- Reason for Selling: Health
- Category: Restaurants