RESTAURANT WITH LIQUOR LICENSE AND REAL ESTATE AVAILABLE
At a Glance
This Lackawanna County Restaurant has no direct competition in its community. With over 100 seats and a liquor license, this restaurant is successful though it has limited hours.
The real estate, appraised at $550,000, is included in the asking price and has 2 apartments that currently generate an additional $1,400/month.
The Numbers
- Asking Price: $995,000
- Includes Lackawanna County "R" Liquor License valued at $65,000 and real estate valued at $550,000
- Gross Revenue: $800,000
- Cash Flow: $150,000
- Square Footage: 5,000
- # of Seats: 120+
Listing Features
- FF&E: Included
- Real Estate: Owned
- Year Established: 1999
- Support/ Training from Sellers: Yes
- Reason for Selling: Retirement
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
“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
“"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
“"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'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
“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