Gaetano Panuccio
Office: (717)695-3177
Cell: (717) 579-6626
134 Bala Ave, BALA CYNWYD
$375,000
0 Bed
0 Bath
.13 Acre
0 Garage
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.
Essential Information
MLS® #PAMC665212
Price$375,000
Bathrooms0.00
Acres0.13
Year Built1930
TypeBusiness Opportunity
Sub-TypeMixed Use
StatusActive
Community Information
Address134 Bala Ave
AreaLower Merion Twp (10640)
SubdivisionBALA
CityBALA CYNWYD
CountyMONTGOMERY-PA
StatePA
Zip Code19004
Parking
Handicap Parking, Lighted Parking, Paved Parking, Private, Surface
Interior
HeatingHot Water, Forced Air
CoolingCentral A/C
Exterior
ExteriorStone
School Information
DistrictLOWER MERION
Additional Information
Date ListedSeptember 26th, 2020
Days on Market266
ZoningC2
Listing Details
Listing AgentDaniel Maneely
Listing Office Phone2158853332
Listing Office
Liberty Bell Real Estate Agents LLC
Property History
Price Reduced from $500,000 to $375,000
LISTING MAP
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Listing information last updated on June 18th, 2021 at 4:02pm CDT.
