1454 S Newkirk St, Philadelphia, PA 19146

$110,000

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List Price
$110,000
Days on Market
33
Status
ACTIVE
MLS#
PAPH2655660
Lot Size (Acres)
0.02
Year Built
1920
County
Philadelphia
School District
Philadelphia City

Property Description

Attention entrepreneurs, restaurant investor. Check out Nite Owls located in the Point Breeze section of Phila. You are located about 1.5 miles from CHOP, Univ of Penn hospital. Great source of potential customers in University City. This business has been operating as a Nite Owls restaurant for 10 years. The purchase includes ALL the equipment you need to start making money. Do have cooking skills..then start making $$. Are you an investor who wants to put $$ to work and can assemble a cooking team. This is a great opportunity. The monthly lease is $2k / month + utilities and lease is transferable to the new owner. Monthly receipts are approximately 15k/month. It has a 5 year lease and there is 3.5 year left on it and eligible for an extension. It operates now Monday through Saturday 7 pm to 2 am but in September we open on Sundays. Its not serving breakfast or lunch now but maybe that is a possibility. More $$ why not? There is an equipment list available. Behind the building is parking for the owner, work staff, delivery drivers. Owner is OPEN to offers. ADDITIONALLY.. rental 2nd FLOOR(1395 includes electric,water) opportunity. 2 bed room apartment perfect for biz owner to live upstairs,work downstair. Perfect for employee rental or addition work space to run your biz or any other additional businesses. Lets make this happen.

Additional Information

Area
19146 (19146)
Taxes
$1937
School District
Philadelphia City
Heating
None
Heating Fuel
None
Water
Public
Sewer
No Septic Approved

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Access. Contact: 2154002600

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