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TURN-KEY RESTAURANT & EVENT BUSINESS South Main Street

6,000 SF Retail Building Archbald, PA 18403 £938,940 (£156/SF)

Executive Summary

Building, Businiess, and Liquor License all included. Current owner willing to stay to assist for a seamless transition.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,000 SF
Building Class
C
Year Built
2005
Price
£938,940
Price Per SF
£156
Tenancy
Single
Number of Floors
2
Building FAR
0.10
Lot Size
1.35 AC
Zoning
C
Parking
75 Spaces (12.5 Spaces per 1,000 SF Leased)

About South Main Street , Archbald, PA 18403

Discover a remarkable opportunity to acquire a long-established Italian restaurant with an outstanding reputation in a thriving community. This local gem, conveniently local in a wonderful market, offers both a loyal clientele plus significant potential for growth. Situated in a vibrant neighborhood with high foot traffic, ensuring visibility and accessibility. The restaurant features a welcoming and spacious dining area for up to 100 quests, a private dining space that seats up to 25, a large separate catering area that seats up to140 and parking for 75+ vehicles. This allows for both large gatherings and intimate dinners. The warm, inviting decor reflects the rich Italian heritage, making it a favorite destination for families and special occasions. Known for its authentic cuisine and exceptional service, the restaurant boasts a strong reputation that has been cultivated over years of dedication. With a proven track record of success, this restaurant has consistently generated healthy revenue and profitability. A devoted clientele keeps returning for beloved signature dishes and the welcoming ambiance. With opportunities to expand catering services, implement online ordering, or enhance marketing efforts, it is well positioned for future growth. The current owner is committed to ensuring a smooth transition and is willing to stay on to assist the new owner in taking over operations, sharing valuable insights and established practices that contribute to the restaurant's success. This opportunity is perfect for investors from Philadelphia, Lehigh Valley, Pittsburgh, New York, and New Jersey looking to diversify their portfolio in a flourishing market. The established brand and community presence offer a solid foundation for continued growth and profitability. For more details and to schedule a confidential, please contact us today.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10412020004
Land Assessment
£4,303
Improvements Assessment
£35,210
Total Assessment
£39,514
  • Listing ID: 33435282

  • Date on Market: 07/10/2024

  • Last Updated:

  • Address: South Main Street, Archbald, PA 18403

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