Philly Cafe with Type R Liquor License

Listing Number: 64646-751594

Description

Cozy Breakfast and Lunch cafe operating 7 days a week serving breakfast, lunch, coffee, smoothies, your favorite cocktail, wine, mimosas and more is now available. This specific area of Philadelphia is a booming neighborhood with tremendous development taking place. The additional homes should provide untapped growth potential. Qualified Buyer may enjoy Seller Financing. Price includes Type R Liquor License in Philadelphia County including wine. SDE of $87,000 in 2023 with gross sales just shy of $600,279, surpassing 2022 sales, has room for growth. The thriving section of Philadelphia is being redeveloped with new homes and an average resident age of 32. The 1,500 sq. ft. of space includes a covered heated patio. Plenty of on street parking and easy sidewalk access provides tremendous foot traffic. Owner is working an average of 20 hours per week focusing on the business while the cooks are taking care of the kitchen. Business shows well. For more information, please contact Doug @ 484-832-7539 (dmilana@tworld.com) or Gina @ 484-832-5153 (gmilana@tworld.com)

Listing Details

• Price: $450,000
• Down Payment: $450,000
• Sellers Discretionary Earnings: $86,997
• Total Sales: $600,279
• Location: Philadelphia County, Pennsylvania


• Inventory: $7,000
• FF&E: $101,450
• Employees: 7
• Year Established: 2018
• Reason for Selling: Other Business Interests
• Category: Restaurants