Sell a Business!
Post a business for sale for as little as $99.95! |
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Maryland Business For Sale |
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| NEWLY RENOVATED RESTAURANT WITH 7 DAY LIQUOR LIC. |
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| Attn: Harry Wolf |
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| Glen Burnie, MD, USA |
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| Asking Price: |
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$280,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Health problems force the sale. |
| Year Established: |
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1988 |
| Yearly Gross Income: |
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$300,000 |
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Business for Sale Overview:
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Health is forcing the sale of this restaurant. Previous concept was a very successful Oriental restaurant which was in business 20 years and closed in August 2006. The present Mexican concept opened in October 2006 and has a banquet facility that seats 90 guests. The banquet room contains a state of the art sound system, DJ booth and dance floor. The restaurant was completely remodeled when it opened for business as a Mexican restaurant.
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Property Features and Assets:
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The restaurant is 5,600 square feet and has a 5 room, 2 bedroom apartment upstairs. The restaurant rents for $5800/month or $7600/month for the restaurant and upstairs apartment. The lease term is 5 years plus a 5 year option to renew.
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Market Competition and Expansion:
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The restaurant could be any concept you desire. It has a 7 day B/W/L license, on premise only with no food requirement.
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Additional Details:
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- The property is leased.
- The owner is not willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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