134 BALA AVE BALA CYNWYD, PA 19004

$375,000

Bedrooms

Total Baths

Full Baths

Square Feet

0.13

Acres

1930

Year Built

142 days

On Website

Active

Status

This Rustic Italian Seafood BYOB has the freshest Seafood in the Philadelphia area and great Italian specialties as well. The current owner operates the restaurant Tuesday through Sunday between 5 PM and 10 PM, only serving dinner. The revenues and cash flow this restaurant generates, given it's a BYOB and only open in the evening, is truly amazing. The opportunity for a new owner is incredible. If a new owner added just weekend brunch (there are no restaurants doing brunch in the area) revenues and cash flow could increase dramatically. Currently the owner does no advertising; with advertising, both sit- down diners and app-based delivery (the fastest growing sector of the restaurant business), should see increased revenues and profits. There are also two high end residential developments currently under construction within walking distance that will add over 300 housing units to the area. Take advantage of this owner's desire to move on to a new project. He is willing to finance part of your turnkey purchase. Purchase this restaurant and start making money day one.

Listed By Liberty Bell Real Estate Agents LLC

Details


Interior

Building And Construction
Property Sub Type
Mixed Use
Property Type
Business Opportunity
Year Built
1930

Exterior And Lot
Lot Size Acres
0.13
Lot Size Square Feet
5747
Zoning
C2

Utilities
Cooling
Central A/C
Cooling Fuel
Electric
Heating
Hot Water, Forced Air
Heating Fuel
Natural Gas
Hot Water
Natural Gas

Area And Schools
City
Bala Cynwyd
County Or Parish
Montgomery
High School District
Lower Merion
Subdivision Name
Bala

Financial Info
Buyer Agency Compensation
2.5%
County Tax
2357.00
Short Sale
No
Tax Annual Amount
$24,912.00
Tax Year
2021

Additional Info
Acceptable Financing
Cash,bank Portfolio,seller Financing
School Tax
19835.00
Status Detail
Active
TaxDataUpdatedYN
Y

Listing By Liberty Bell Real Estate Agents LLC

MLS# PAMC665212

Data Last Updated 8:38am - 05/06/2021

BRIGHT MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Hometown participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright© 2021 Bright MLS. All rights reserved.

19004 Statistics and Information

Transportation

Walking

Very Walkable

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