$399,999

7401 STATE RD, Philadelphia, PA 19136

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon0.75acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Listing Office:
Keller Williams Real Estate Tri-County : 2154648800
Listing Agent:
Matthew Jones : 2154648800
MLS ID:
PAPH2558768
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: Entry Slope <1'Ramp - Main Level
  • General: Masonry
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: I2882750705
  • Current Use: BarFood & BeverageRestaurantRetail
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Matthew Jones, Keller Williams Real Estate Tri-County

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edwin Forrest Elementary School

7300 Cottage St, Philadelphia, PA, 19136

Grades KG-5

0.65 miles away

H

Hamilton Disston Elementary School

6801 Cottage St, Philadelphia, PA, 19135

Grades KG-8

0.99 miles away

A

Abraham Lincoln High School

3201 Ryan Ave, Philadelphia, PA, 19136

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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