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Modern Bar & Restaurant in Lycoming County PA  Edit Listing


 Moon & Raven Public House

 

Video Walkthrough - https://youtu.be/lEn_5Ct5_O0

 

Williamsport, PA (Lycoming County)

Asking Price:$550,000

Cash Flow:$75,000

Gross Revenue:$1,300,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2013

Business Description

This clean and modern bar/restaurant in Lycoming county is located at a busy corner location. The space features an updated interior, outdoor seating, and two garage door that opens up to the outside in good weather. There's room to increase hours and introduce specialty events/ brunch to further utilize the space. The space is fully-outfitted and regularly pulls in additional business from attendees of local performing arts venues.

The Numbers
Asking Price: $550,000
Includes Lycoming County "R" liquor license valued at $150,000
Gross Revenue: $1,300,000 (pre-Covid)
Cash Flow: $75,000
Square Footage: 2,000
# of Seats: 99 seats (indoor and outdoor with additional standing room at the bar)

Listing Features
FF&E: Included
Real Estate: Leased
Year Established: 2013
Reason for Selling: Moving on to another opportunity

Detailed Information

Location:
Williamsport, PA
Facilities:
The space is fully-outfitted
Competition:
located at a busy corner location
Growth & Expansion:
Regularly pulls in additional business from attendees of local performing arts venues.
Reason for Selling:
Moving on to another opportunity
Business Website:
https://www.sofrankoadvisors.com/listing/modern-bar-restaurant-in-lycoming-count

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Chad Vail

Business Listed By:
Chad Vail

SOFRANKO ADVISORY GROUP, LLC

Phone Number

Sponsoring Broker:
Ronald A. Sofranko, Principal



Listed By: Chad Vail

Background information

Reference:

22-020

Year established:

2013

Reason selling:

Moving on to another opportunity

Finance

Sales:

$1,300,000

Profits:

$75,000

Operations

Equipment:

N/A

Premises

Facility:

The space is fully-outfitted

Location:

Lycoming County, PA

Opportunities

Growth:

Regularly pulls in additional business from attendees of local performing arts venues.

Price and terms

Price:

$550,000