155 W 4th St, Williamsport, PA 17701
CORNER LOCATION ON A BUSY STREET WITH LIQUOR LICENSE NEAR PERFORMING ARTS VENUES
At a Glance
This clean and modern bar/restaurant in Lycoming County is located at a busy corner location. The space features an updated interior, outdoor seating, and two garage door that opens up to the outside in good weather. There's room to increase hours and introduce specialty events/ brunch to further utilize the space. The space is fully-outfitted and regularly pulls in additional business from attendees of local performing arts venues.
The Numbers
- Asking Price: $550,000
- Includes Lycoming County "R" liquor license valued at $150,000
- Gross Revenue: $1,300,000 (pre-Covid)
- Cash Flow: $75,000
- Square Footage: 2,000
- # of Seats: 99 seats (indoor and outdoor with additional standing room at the bar)
Listing Features
- FF&E: Included
- Real Estate: Leased
- Year Established: 2013
- Reason for Selling: Moving on to another opportunity
Chad Vail
Vice President of Business Development - Eastern PA
570-606-9206
chad@sofrankoadvisors.com
“You guys are a great company. [Jeff] and Ron have been very patient and informative. Very glad we're selling through you. People over money is most important to us and you've shown that as well. ”
Randy
Bob's Beverage
“"Everyone we have dealt with from Sofranko Advisory Group has been diligent, honest, and professional at all times. I have recommended their services to close friends of mine and will continue to do so in the future."”
Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
“I simply wanted to write you and say thank you very much for all of your efforts, time, and your trust in us! I am grateful for the fact that you worked with us and proud to be a part of The Vault.”
Jim
The Vault
“It was my pleasure doing business with Sofranko Advisory Group and my representative Paul Alexander. Paul showed true expertise in the sale of my bar & restaurant. He exceeded all expectations and closed my deal exactly how we discussed. He providing me with constant updates and feedback throughout the process. My experience was second to one. I would highly recommend using Sofranko and Paul in all sides of bar and restaurant business”
Justin
Iron Creek
“I'd like to thank Ronald Sofranko for the great job you did for Maxwell's Pizza Bellevue helping facilitate the liquor license process.”
Christina
Maxwell's Pizza
“Sofranko Advisory has always done excellent work for me and my clients....Their capabilities are second to none. I always highly recommend them.”
David Glickman
Newmark Knight Frank
“"She handled my constant questions and concerns with compassion and professionalism. Couldn’t have done it without the team! Much gratitude and praise is definitely due." ”
Terry
Sam's Pop & Beer