0.75 Acres Lot
0.75 Acres Lot
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
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
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