Type: Active Restaurant
Selling Price: $ 465,000
Featured: No

Gross Revenue: 550000
Gross Revenue Comments: This location is a combination of a Restaurant/Bar and a pizza shop. The business has been open since 1987 and run by the same family. The owner is now ready to retire. The location is at a busy intersection in Drexel Hill. The location has the feel of a cozy Italian restaurant. There is also a nice bar that seats over 35. They are known for their large pasta dishes and family style service. Over 80% of the business comes from dinner. They also have a full pizza shop as part of the business. They have not really pushed the pizza business, but this alone should do $500k in sales. The price includes a liquor license.
Inventory: 5000 not included
Cash Flow Comments: The current owners do no advertising or marketing. Their business has been built on word of mouth. A new owner could heavily market the pizza shop as well as tweak the concept towards a sports bar.
FF&E: 100000
Seller Financing: seller may provide limited financing
Year Established: 1987
Employees: 10
Franchise: no
Facilities: The location is 3000 sq feet at a busy intersection. There is seating for 80 in the restaurant and 35 at the bar. The pizza shop has updated equipment. There is a full POS system in place.
Reason for Selling: Retirement