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Just Reduced!! Turnkey Restaurant with Real Estate
4901 Ridge Avenue, Philadelphia, PA 19128
1,100 SF | Retail
Retail Property - Off Market
- Building Size:
- 1,100 SF
- Property Type:
- Property Sub-type:
- Additional Sub-types:
- Free Standing Bldg
- Street Retail
- Retail Pad
- Property Use Type:
- Business For Sale
- No. Stories:
- Lot Size:
- 1.34 SF
- Listing ID
- Last Updated
- 265 days ago
- Outdoor seating
- Strong Financials
- Large catering potential
- Turnkey Operation
- Well know name in Philadelphia
- 30,000 cars pass daily
Turnkey restaurant with strong sales and catering revenue for sale. This is a great opportunity for an operator to run this successful road side restaurant with great street presence and continue to grow profits or bring along their own concept and take advantage of a fully fit-out and turnkey location.
The restaurant has been featured in many Philadelphia papers and has been awarded several "Best Of" awards throughout the past 8 years.
The sale includes:
All furniture, fixtures, equipment, business assets and goodwill
Real estate and 1.34 acres of land along Ridge Pike.
SALES 2011: $670,000+
CASHFLOW 2011: $127,000
Asking $199,000 for the business and $495,000 for the building.
Also available for lease only @ $4,125 / month. Owner is also willing to modify the structure or facility to meet the buyers needs.
Motivated seller considering all reasonable offers.
This restaurant is located on Ridge Pike just outside Manayunk and directly across from the Restaurant Depot and Septa's Transportation Center. More than 30,000 cars pass this location every day and with it's 750ft of frontage, is hard to miss.
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P