Thirty-year-old Cheese Steak and Pizza Place

Delaware County, Pennsylvania

Seller Financing Available

Photo Available
Asking Price:
$299,000
Gross Income:
$750,730
Cash Flow:
$145,354
EBITDA:
N/A
FF&E:
$37,000.00 *
Inventory:
$4,000.00 *
Real Estate:
N/A
Year Established:
1980
Employees:
10
Business Types:
Other Eating & Drinking Places
Restaurants

* included in the asking price

Business Description

Amazing opportunity to purchase a high volume cheese steak and pizza restaurant that has been at its current location for over thirty years. Capitalize on over three decades of goodwill and reoccurring customers. This business is located in the middle of the north bound and south bound lanes of one of the busiest roads in Pennsylvania. They are known as having the biggest and best cheese steaks in the area. They are also famous for having one of the largest pizzas available. The majority of their sales come from cheese steak and pizza sales, but they also offer a full menu including: burgers, wraps, hoagies, grinders, salads, strombolis, appetizers and platters. They currently cater for area high schools, retirement communities and businesses. The inside dining area can sit up to sixteen people and the outside dining area can sit up to twelve people. A new owner could increase sales by opening for breakfast, staying open later and acquiring new catering accounts. The business is completely turnkey and comes with all the furniture, fixtures and equipment required to operate. It comes complete with a camera system and three station point of sale system. Please contact Doug Whalen, Esq. at Esquire Business Brokers to setup a showing. Please visit www.esqbb.com for the status of this and other listings.

Detailed Information

Facilities:
The premises are leased at $1,996 a month with approximately $5,500 per year in CAM and taxes.
Competition:
The business is in an amazing location and sits in the middle of the north and south bound lanes of one of the heaviest travelled roads in Pennsylvania.
Growth/Expansion:
A new owner can grow the business by doing more catering.
Financing:
Negotiable
Support/Training:
Negotiable
Reason Selling:
Other Career Opportunities

Business For Sale Listed By

Doug Whalen, Esq.
Esquire Business Brokers, LLC
610-551-9733

Listing Actions