100 Confidential Street, Other, PA 99999 (MLS# SC-4969)

100 Confidential Street, Other, PA 99999

$1,200,000
Property Type: Commercial Sale Square Footage: 4,500 Lot Size (sq. ft.): 21,780 Status: Active
Current Price: $1,200,000 List Date: 9/23/2024 Last Modified: 9/23/2024

Description

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 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! Liquor license is included in sale.

More Information MLS# SC-4969

Contract Information

Current Price: $1,200,000 List Price: $1,200,000 Status: Active Listing Contract Date: 2024-09-23 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell Owner Name: Confidential Environmental Survey YN: No

Location Tax and Legal

Street Number: 100 Street Name: Confidential Street Suffix: Street State: PA Postal Code: 99999 County: Lackawanna

General Property Information

Number Of Units Total: 1 Building Area Total: 4500 Building Area Total (Report Only): 4500 Enhanced Accessible: Yes Year Built: 2005 Lot Size Acres: 0.5 Lot Size Dimensions: 152x92x151x100 Waterfront YN: No Stories: 2 Auction YN: No List Price/SqFt: 266.67

Remarks and Miscellaneous

Public Remarks: 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 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! Liquor license is included in sale.

Status Change Information

Major Change Timestamp: 2024-09-23T19:54:45Z Major Change Type: New Listing Status Change Timestamp: 2024-09-23

Property Condition

Year Built Effective: 2005

Road Frontage Type

Road Frontage Length: 50

Property Features

Accessibility Features: Accessible Approach with Ramp; Accessible Entrance; Accessible Full Bath Building Features: High Traffic Area Business Type: Restaurant Construction Materials: Stucco Cooling: Central Air Current Use: Commercial Heating: Forced Air; Natural Gas Levels: Two Listing Terms: Cash; Conventional Lot Features: Level; Private Parking Features: Accessible Parking; Additional Parking; Lighted; On Site Possession: Close Of Escrow Property Condition: Updated/Remodeled Road Frontage Type: City Street Security Features: Fire Alarm; Security System; Smoke Detector(s) Sewer: Public Sewer Special Licenses: Liquor-On Sale Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Office: Revolve Real Estate
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.