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This Business has been Sold!
Closing Date: 07/31/2024
Broker: David Bock
Business for Sale Summary

Established Breakfast and Lunch Cafe in PA - 35724

Business Type: other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
Sold
Established Breakfast and Lunch Cafe in PA
On July 31st 2024, The Undersigned
Acted as the Advisor to the Deal
David Bock
David Bock Senior Broker
Servicing: Montgomery County, PA
Bucks County, PA
Camden County, NJ
New Castle County, DE
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $375,000 Down Payment $200,000
Gross Revenues $700,000 Lease Remaining Register Free to View
Owner’s Cash Flow $187,500 Number of FT Employees Register Free to View

Financing

$200,000 Down and Balance of $175k for 60 months @ 10%.

Business Description

Introducing a premier breakfast and lunch destination in Montgomery County, Pennsylvania! This exceptional restaurant boasts a prime location and has garnered an abundance of rave reviews, earning it the reputation as the "best food in town." With a seating capacity of 70 indoors, which can potentially double to accommodate 140 patrons, and an additional 70 seats available in a picturesque outdoor setting, this establishment offers a delightful dining experience. The restaurant enjoys unwavering support from the local community and benefits from its superb location. Ample parking is available for guests' convenience. Furthermore, there is tremendous growth potential by expanding operating hours and catering services, as the demand for catering is currently thriving. Seize this outstanding opportunity by contacting broker.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.