GlobalBX
GlobalBX Lite Edition Search 1000s of Businesses For Sale.  
Buy a Business, Sell a Business, and find a Business Broker here.  

Welcome to the GlobalBX Directory. This is just one Absentee business listing from our 46,138 business for sale ads. If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, get a business loan, or find a business broker. Click Here to access our full site.

Sell my Business for Free! Get a Business Loan - Apply for Commercial Real Estate Loan Sell a Business Note - Sell a Real Estate Note


Businesses For Sale   >>   Absentee Businesses For Sale   

Restaurant Lounge For Sale

Location  Pennsylvania,United States
Asking Price Range  < $250K
Gross Revenues  $225000
Net Profit / Cash Flow  $45000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1975
Number of Employees  1 - 3
Inventory  125000 Equipment & 1500 Inventory
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The owner will remain post-closing for 30 days and supply a transitional period.
Reason for Sale  Due to new operator desires to sell restaurant business.

Description  
Excellent opportunity to own this attractive Restaurant Lounge located in a highly successful 140 room franchise hotel and minutes from an international airport which serves millions of yearly travelers. The sale will include a consumption liquor license and a long term commercial lease at a reasonable fair rental cost. The owner has priced the business extremely competitively which will include the use of the liquor license and a fully operational restaurant pub. This business is located in Lehigh County, PA conveniently located near various interstate highways with immediate access to the airport and other county roads. The owner is presently absentee, the income as onsite ownership is estimated at $500,000 yearly. Although the hotel represents a National franchise chain, no franchise fees is required from this food service operation. The sale is due to the purchase of the hotel restaurant by a new operator with no experience in the restaurant industry and prefers to place all of his efforts into the continued development of the hotel operation. He expects to upgrade the hotel and thereby substantially increase the business gross sales to both the operations, hotel and restaurant. The restaurant presently severs drinks and a very limited food menu which if improved can substantially develop the gross sales. The sale includes a fully equipped Pub Restaurant including a consumption liquor license, commercial kitchen, refrigeration & freezer units, POS system, displays, shelving, tables, computers, including all the necessary equipment to maintain the day to day business operation. The facility has appropriate private parking on site as part of the commercial lease. The business is active seven days per week, with hours from 12:00 noon to 10:00 pm, however based on the expected remolding upgrades and increase in hotel gross sales additional income is highly probable.


Click Here To Contact Seller


For more opportunities like this go to:
Absentee Businesses For Sale
Advertising Businesses For Sale
Ambulance Businesses For Sale
Architect Businesses For Sale
Art Gallery Businesses For Sale
Auction Businesses For Sale
Auto Part Businesses For Sale
Aviation Businesses For Sale
Baby Businesses For Sale
Bail Businesses For Sale
Banquet Businesses For Sale
Beauty Salon Businesses For Sale
Bike Businesses For Sale
Billing Businesses For Sale
Book Store Businesses For Sale
Business Franchise Businesses For Sale
Casino Businesses For Sale
Cemetery Businesses For Sale
Child Care Businesses For Sale
Chiropractic Businesses For Sale
Catering Services Businesses for Sale
Food Production and Packaging Businesses for Sale
Grocery and Supermarkets Businesses for Sale
Liquor Stores Businesses for Sale
Other Food and Beverage Businesses for Sale
Restaurants and Fast Food (Non-Franchise) Businesses for Sale
Vending Machines Businesses for Sale
Other Pennsylvania Businesses for Sale
Search Businesses For Sale

Get Free Information on all of the Top Franchises

Get a Business Loan, Find Commercial Lenders

NEWSLETTER

Sign up for Free Industry-Related News on Business and Franchise Opportunities



Get Free Franchise Information!






© 2001-15 GlobalBX. All rights reserved.