Rarely available business opportunity. The FAMOUS Philadelphian Restaurant with over 750+ Google 5 Star reviews, can be yours! You can carry on the TRADITION and LEGACY of amazing food, excellent service, and long sought after recipes. Hang out with the everyday regulars that cannot get enough of this restaurant. Turn-key Fully Equipped Philadelphian Restaurant. **BUSINESS ONLY** (NO REAL ESTATE INCLUDED in the sale). All equipment and menu are listed in the attachments. This Long-time Local Favorite has been in business for 30 years. Offering dine-in and carry-out. Menu includes their FAMOUS Philly Cheese Steak Sandwiches that people travel from hours away to experience. Directly on highly-traveled Tamiami Trail (US41) with ample parking. All MENU, recipes, graphics, name & brand are included in this acquisition. Great INCOME Producing Business! Loyal Clientele. Transferable Lease. Showings are by appointment ONLY! DO NOT disturb the employees. Financial Documents are available to qualified Buyer. The seller is willing to assist the buyer during the transition period. Schedule your appointment to view this Establishment TODAY!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.051% | 7.295% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,791 | $2,689 | $3,450 |
Total Monthly Payment | $2,866 | $2,764 | $3,525 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.