Loading Contents...

East Falls, Phila, PA

  • Listing No.: 220-20530

  • Category: Food - Restaurant

Asking Price $465,200
Down Payment
Gross Revenue $696,518
Total Adjusted Net Income $5,436
Equipment / Fixtures
Year Established 2011
General Location East Falls, Phila, PA
Request For More Information Print This Listing

This highly profitable, white tablecloth Italian restaurant offering both indoor and outdoor dining and has pivoted to carry out orders, curbside pickup and online ordering since Covid 19. Menu features fresh fish, gluten free pasta, and vegetarian dishes.Turnkey establishment known by locals and sought out by visitors as far away as Italy.

Gross Revenue $696,518 Listed Price $465,200
Total Income $5,436 Down Payment
Base Rent $2,200 Square Feet 1440
Total Rent $2,200 Lease Expiration 03/2022
Rent Deposit $2,100 Lease Options 1/3
Inventory $5,000 Leasehold Improvements $10,000
Equipment / Fixtures Other Assets
Full-Time Employees 6 Training Period 2 Weeks
Part-Time Employees 2 Special License Required
Contract Staff Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

Request For More Information Print This Listing