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Business For Sale
TURN KEY LUNCH & DINNER RESTAURANT
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Asking Price: |
$189,900
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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A second business takes too much time & effort. |
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Year Established:
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2006 |
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# of Employees:
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4 |
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Yearly Gross Income:
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$216,000 |
Business for Sale Overview:
This is a turn key lunch and dinner restaurant, carryout & delivery business located only 3 miles from the I-95/175 interchange in Howard County, MD. The owner has found out that it is too hard to run two businesses at the same time. The concept that he opened the restaurant with should be changed as this is not working well. Nice area!
Property Features and Assets:
The business is housed in a 1,590 square feet space in a neighborhood strip center. The rent is $2,428 per month ($15.50 Square Feet) and the lease term has 4 years remaining plus two 5 year options to renew. The rent is well below market for the area. The level paved parking lot holds 60 plus cars. The restaurant is in very good condition and has new furniture.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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