Overview

Property ID: BB+50960

Asking Price

$450,000

Annual Revenue

$1,000,000

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Description

This opportunity represents an asset sale of a fully built-out Afro-Fusion restaurant located in a vibrant Philadelphia corridor with strong daily traffic and neighborhood visibility. The business includes a valuable liquor license, a complete commercial kitchen, and a modern bar area, allowing a new owner to relaunch operations immediately without the time or expense of a full build-out.

The restaurant previously generated over $1 million in annual sales, demonstrating strong revenue potential. The location supports dine-in service, takeout, bar-driven evening traffic, and private events, making it suitable for a wide range of restaurant or hospitality concepts.

Property Type: Asset Sale
Absentee Owner: No
Primary Industry: Restaurants and Food
Gross Revenue: $1,000,000
Real Estate: No Real Estate

Opportunities for Growth

Growth opportunities include relaunching the existing concept, introducing a new brand, expanding bar-focused revenue, adding catering and private events, and implementing targeted marketing and social media strategies. The included liquor license and full build-out significantly reduce startup time and capital requirements.

Support and Training

Seller will provide up to one month of transition support, including operational guidance, vendor introductions, and transfer of supplier relationships where applicable. Specific training terms can be negotiated as part of the purchase agreement.

Market & Competition

Philadelphia’s diverse and growing dining market supports strong demand for unique restaurant concepts, bar experiences, and community-driven dining. The location benefits from dense residential surroundings, commuter traffic, and neighborhood activity, creating consistent exposure and potential for strong foot traffic.

Facilities & Assets

Fully built-out restaurant with complete commercial kitchen, 10-foot hood system, walk-in cooler and freezer, six-burner stove, grill, griddle, fryers, prep refrigeration, microwaves, heat lamps, and POS system. Bar area includes refrigeration, soda system, ice machine, and fixtures. Dining room furniture, grease trap, modern restrooms, custom lighting, and 16-camera security system included.

Reason for selling: Owner relocating out of state.