Business for Sale Overview:
Just 90 miles from DC, this is a 55-seat steak and seafood restaurant within walking distance to the world-famous spa.
The restaurant is housed in a quaint Victorian house on a high traffic street near dozens of antique and gift shops. The house used to be a bed&breakfast, and the landlord would be like to see it converted back into a B&B with only a slight increase in the current rent (as a restaurant, the rent $2,500 a month for approximately 3,000 square feet).
Cuisine: American
Gross: $400,000
Net profit (includes owner draw): $84,000 per year.
Employees: 4 full time and 3 part time. Liquor license is current. Utilities: $1,000 month. Currently operates 6 days a week (closed Monday). Inventory of $2,000 food and $2,000 liquor sold separately.
Price includes all refrigerators, freezers, walk-ins, POS system-but only one of the two broilers will stay (it is not being used now anyway). Excellent chef would like to stay.
The restaurant is in a resort community, so there is a higher volume between Memorial Day and Columbus Day (leaf season)-but retirees, long distance DC commuters, and visitors to the Berkeley Springs baths keep the guest rates high year round.
Owner financing is possible with very little down.
Seller will consider sale of the building.
This is a great opportunity for retirees and others who dream of getting out of the corporate rat race (and layoffs) and into a creative and profitable business in a country town just 90 minutes from the DC and Baltimore metropolitan areas. So please act quickly!
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This may become a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.