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Profitable Steakhouse In Lehigh County For Sale

Lehigh County, Pennsylvania
Asking Price:
$795,000 (USD) Inventory / Stock included
Sales Revenue:
$1,200,000 (USD)
Cash Flow:
$400,000 (USD)

Profitable Steakhouse In Lehigh Pa - 32508

This newer, must see gourmet steak house is now available. Features Location, Location, Location. With 30,000 people working within 5 miles, the demand is strong for lunch and catering, In Addition, another 26,000 homes within the same radius equals continued demand for dinner. Along with excellent food and service, the establishment is an inspired design to cater for seating of 120 between indoor and out. 64/60 respectively. This, best in class restaurant is growing, at present, an astounding 30% week. This is expected to continue as this beautiful newer fine dining restaurant is the jewel of a fast growing and undeserved community. Seller open to selling out right or taking on a managing partner. Partner would be guaranteed $52,000.00 year plus commensurate to equity purchased net profit each week. Minimum Buy-in $250,000.00

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,to discover the difference that is Vested Business Brokers.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32508 for instant access to this business information

Business Operation

Reasons for selling:

Fits business model

Employees:
3/6
Years established:
4

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

400,000.00 Down & Balance to be paid within 72 months of purchase

Furniture / Fixtures value:
$750,000 (USD)
Inventory / Stock value:
$24,000 (USD) - included in the asking price

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