Upscale Casual Restaurant
Location Pennsylvania,United States
Asking Price Range $250K - $500K
Gross Revenues $452143
Net Profit / Cash Flow $211443
Cash Flow Type EBITDA
Seller Finance No
Year Established 2002
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training the current owner will remain in order to ensur...
Reason for Sale The owner has other business interests at this ...
Description This business was originally established in June of 2002 and has remained under the same ownership ever since its inception. This restaurant features Neo-American Upscale Casual cuisine and is widely known for using only the finest quality products and ingredients. The chef driven menu includes most items being prepared from scratch day in and day out. Other products are shipped in weekly such as prime beef, which then undergoes a 70 day aging process that will yield a signature taste. In addition, the present chef offers 3-5 featured items presented on a daily basis. This business is centralized within a well established community notorious for its high volume of tourism, and in the very near future, gambling. It is situated in a prime location for heavy foot traffic; perfect examples are the 6 hotels that together offer 1,000 rooms that lie only a few miles from this business' doors. The gambling casino will be established and open for business as soon as the state's approval is in place. It also has excellent room for growth with minimal supplementary expenses. A transferable liquor license is also available to the new owner which in itself is worth an estimated $90,000. Both the area and business alike are poised for tremendous growth. Contact for more information on this Restaurant business for sale.
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