Asking Price:$1,175,000
Gross Income:$3,669,849
Cash Flow:$118,217
FF&E:$850,000
Inventory:$21,000
Established:2011
Employees:82
Business Description
Franchise Tavern – Two Locations (PA)
National Franchise Bar and Restaurant with a European theme – two locations – in Pennsylvania! Long term leases in place. Room for improvement in COG expense. High profile National brand and capable staff in place. Needs active experienced owner to take to the next level. Buy two locations for the cost of opening one. Buyer must qualify for transfer with Franchise.
Detailed Information
- Inventory:
- Included in asking price
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- This offering consists of two Franchise Restaurant/Bar locations. Stand alone building with a combined square footage of 23,750.
- Competition:
- These bars have a high National profile with the benefits of an ongoing National advertising campaign.
- Growth & Expansion:
- Owners are not active in this business. It has been run by management staff it would benefit from the hands on ownership of an experienced operator. Business can be grown with additional local advertising. Cost of goods and Labor costs can be contained to effect immediate savings to the bottom line.
- Financing:
- Negotiable
- Support & Training:
- Experienced General Manager will train new owners for 2 weeks at no charge. Franchise also offers training of up to 5 weeks.
- Reason for Selling:
- Discuss with Seller
- Franchise:
- This business is an established franchise