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Restaurant with Real Estate for Sale/Incredible Deal

Philadelphia, Pennsylvania (Philadelphia County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $2,700,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

The restaurant is located in Old City around 3rd and Market st. The Sale includes the restaurant, all the furniture and fixtures and the building. Property alone was appraised for 3.2 million. Also included are liquor license with Sunday sales permit, entertainment license and amusement permit which allows music, live or recorded. There are two assumable notes, so a new buyer could assume the loans and would need another $300K to buy the whole thing. Ideal location and space for Catering and Wedding Banquet business, and has been pre approved by Crystal Rose Wedding and Events Franchise. Crystal Rose does not required Franchisees with experience and will provide full training and support. The location is also ideal for night club, jazz club, or anything else you can think of. Buyer must have good credit and be financially qualified in order to be able to assume the notes, so please be prepared to sign a non-disclosure agreement and provide a financial statement. Serious inquiries only.

Facilities: Over 10,000 sq feet restaurant with additional 600 sq ft Mezzanine

Business For Sale By

David Dolitsky

610-879-6410

Franchise Advisory Group

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