Reduced!! Large Full-Service Restaurant & Catering Hall - Bucks

Listing Number: 64646-845767

Description

Beautiful, busy and profitable! Outstanding opportunity to own a well established Bucks County family restaurant and catering hall. Free standing 6,000 sq ft building, fully renovated about five years ago, originally established in 1982! 130 dining seats plus another 100 for banquets, full service with staff of 20+. Great breakfast and brunch crowd, strong business in bridal and baby showers, funeral luncheons, rehearsal dinners, etc. Leasehold improvements over $400K plus handicapped elevator ($45K). Expansion plans on real estate for additional catering halls are fully approved by township. Seller will retain ownership of real estate and become landlord, but new tenant will have right of first refusal for future sale. Parking for over 80 cars plus additional parking in area for any overflow. Experienced operators only - call today for details. Buyer profile and non-disclosure agreement required for confidential business details.

Listing Details

  • Price: $959,000
  • Down Payment: $959,000
  • Sellers Discretionary Earnings: $519,919
  • Total Sales: $1,473,741
  • Location: Bucks County, Pennsylvania

  • Inventory: $0
  • FF&E: $0
  • Employees: 23
  • Reason for Selling: Semi-Retirement
  • Category: Restaurants
Reduced!! Large Full-Service Restaurant & Catering Hall - Bucks

Business Listed By:

Tom Covello