Historical Retail Sale Listing - Just Reduced!! Turnkey Restaurant with Real Estate

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Just Reduced!! Turnkey Restaurant with Real Estate

4901 Ridge Avenue, Philadelphia, PA 19128

N/A

1,100 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
1,100 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Additional Sub-types:
Free Standing Bldg
Street Retail
Retail Pad
Property Use Type:
Business For Sale
No. Stories:
2
Lot Size:
1.34 SF
Listing ID
17700746
Last Updated
308 days ago

Highlights

  • Outdoor seating
  • Strong Financials
  • Large catering potential
  • Turnkey Operation
  • Well know name in Philadelphia
  • 30,000 cars pass daily

Description

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.

Map of 4901 Ridge Avenue, Philadelphia, PA 19128 (Philadelphia County)

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Created 6/11/2012