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.