Homes for sale - 7401 STATE RD, Philadelphia, PA 19136

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2558768

Year Built 1990

Annual Tax Amount $12,607

Tax Year 2025

Lot Size 0.754 Acres

Acres 0.75

Lot Dimensions 177.00 x 168.00

Property Sub-Type Retail

Source BRIGHT

Property Description

POPULAR NORTHEAST BAR/RESTAURANT FOR SALE - TURNKEY OPPORTUNITY IN PRIME HIGH-TRAFFIC LOCATION- Business only

Established in 2020, this thriving bar and restaurant has quickly become a popular destination in Northeast Philadelphia. Located in a prime high-traffic area, this turnkey operation offers an exceptional opportunity for an experienced operator or investor looking to enter the vibrant Philadelphia hospitality market.

BUSINESS OVERVIEW:
This well-positioned establishment has built a strong reputation as a go-to destination for Happy hour, nightlife, game-day events, and weekend entertainment. The business benefits from an established customer base and consistent revenue streams, having operated successfully for over four years in a competitive market.

FACILITY FEATURES:
• Open, adaptable layout maximizing operational flexibility
• Full commercial kitchen supporting comprehensive food service operations
• Recent upgrades implemented to enhance operational efficiency
• Strategic location capturing high traffic and visibility

OPERATIONAL ADVANTAGES:
The current layout provides versatility for various service models and entertainment formats. Recent investments improvements position the business for continued success under new ownership. The established customer base provides immediate revenue potential for qualified buyers.

FINANCING & TRANSITION:
Asking price: $400,000 with flexible financing options including seller financing available to qualified buyers. The retiring owners are committed to ensuring a smooth transition and will provide comprehensive training to support the new owner's success.

GROWTH POTENTIAL:
Significant expansion opportunities exist, including potential long-term real estate acquisition possibilities. The prime location and established operations provide a solid foundation for growth-minded operators.

This represents an exceptional opportunity to acquire a profitable, well-established bar and restaurant in one of Philadelphia's most dynamic neighborhoods. The combination of prime location, operational efficiency, and seller support creates an ideal scenario for continued success.

Location

State PA

County Philadelphia

Area 19136 (19136)

Zoning I2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 105.0

Water Access N

Accessibility Entry Slope <1',Ramp - Main Level

Total Parking Spaces 105

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 882750705

Ownership Leasehold

Acceptable Financing Cash,Seller Financing

Listing Terms Cash,Seller Financing

Financing Cash,Seller Financing

Special Listing Condition Third Party Approval