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Maryland Business For Sale |
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| ITALIAN FAMILY RESTAURANT |
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| Attn: George C. Poore |
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| Montgomery County, MD, USA |
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| Asking Price: |
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$180,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Deteriorating health. |
| Year Established: |
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1998 |
| # of Employees: |
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5 |
| Yearly Revenues: |
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$332,300 |
| Yearly Cash Flow: |
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$68,800 |
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Business for Sale Overview:
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Spacious, delightful and very clean restaurant featuring traditional Italian foods. Has Beer & Wine license. Keep the current menu or easily convert because of the versatility of the equipment in the kitchen. Opportunity to increase sales by further advertising into local population. Perfect for a first-time or established restaurateur.
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Property Features and Assets:
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Restaurant rents 2,000 sq. ft. for $6537 (incl. CAM) per month. Lease expires April 2011 with one 5 year option. Restaurant can seat 45 customers inside. Hours are as follows: Mon- Fri: 11 AM – 9 PM, Sat-Sun: 12 PM – 9 PM. Free parking in shopping center's lot. |
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Market Competition and Expansion:
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The kitchen is very well equipped and could be used to prepare a variety of foods. Additional advertising could really improve revenues. Prices are moderate and could also be raised with little impact to customer base, |
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Additional Details:
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- The property is leased.
- The owner is 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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