Turn-Key Restaurant and Banquet
For Sale
Contact for pricing
1320 Newport Rd, Bristol, PA 19007
Long-standing, fully operating restaurant and banquet operation with multiple banquet rooms, catering demand, and extensive on-site parking.
Property SizeContact for details
Days on Market120
Property Features for 1320 Newport Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
M. Riccardi Agency Inc
(215) 752-4200
Listed By:
mike riccardi · License #PA. RM420502
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 2:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M. Riccardi Agency Inc
Investment Insights
Based on property information with market context.
This turn-key restaurant and banquet facility has been in operation for more than forty years and remains fully booked with catering scheduled at least a year in advance. The property includes a main restaurant building of over 12,000 square feet, plus a separate 1,500-square-foot takeout building. Three banquet rooms support frequent events, with two rooms recently renovated. The facility handles approximately 1,500 banquet events per year, and outside catering averages about 30 requests per week.
Operation is conducted six days per week. During peak holidays, service is completely booked for major dates such as Easter, Mother’s Day, Thanksgiving, and New Year’s, with the business turning away later booking requests. The current operating staff is fully in place and will remain, supported by long-time employees.
The offering includes all real estate parcels, the business, fixtures, equipment, a liquor license, and booked catering contracts. The owner is seeking retirement and will consider owner financing for a sufficiently experienced and well-capitalized buyer with substantial down payment. Due to confidentiality requirements, interested parties must sign an NDA before receiving any additional information or data.
Operation is conducted six days per week. During peak holidays, service is completely booked for major dates such as Easter, Mother’s Day, Thanksgiving, and New Year’s, with the business turning away later booking requests. The current operating staff is fully in place and will remain, supported by long-time employees.
The offering includes all real estate parcels, the business, fixtures, equipment, a liquor license, and booked catering contracts. The owner is seeking retirement and will consider owner financing for a sufficiently experienced and well-capitalized buyer with substantial down payment. Due to confidentiality requirements, interested parties must sign an NDA before receiving any additional information or data.
Key Highlights
- Long‑standing, fully operating restaurant and banquet facility operating for over 40 years
- Main restaurant building: 12,000+ SF plus a separate 1,500 SF takeout building
- 3 banquet rooms; 2 recently renovated
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19007, PA
21,849
Population
9,675
Households
2.3
Avg Household Size
40
Median Age
24%
College-Educated
89%
High-School Grad
7.5 sq mi
ZIP Area
2,913
Density / Sq Mi
$66,811
Median Household Income
$43,642
Median Earnings
$1,029
Median Rent
$264,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Long-standing, fully operating restaurant and banquet operation with multiple banquet rooms, catering demand, and extensive on-site parking.
Where is this conventional restaurant located?
The property is located at 1320 Newport Rd Bristol, PA.
What are key features of this property?
This property features: Long‑standing, fully operating restaurant and banquet facility operating for over 40 years; Main restaurant building: 12,000+ SF plus a separate 1,500 SF takeout building; 3 banquet rooms; 2 recently renovated
