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Business For Sale

Restaurant / Tavern for Sale with Real Estate

Prince George's, MD, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,995,000
$1,350,000
$514,000
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1961
18
64627911

Business for Sale Overview:

Family Owned restuarant that has been in business for nearly 5 decades. Contained in 10,000 sq foot building on a 1.25 acre lot currently accomodating 125 cars for parking. 4 separate dining areas seat 175 patrons plus a tavern - sized bar area that seats an additional 75 patrons. Growth opportunities include delivery services and expansion of banquet / reception offerings 7 day on / off - site liquor license includes possibility of adding packaged good sales. Minutes from major shopping and highways.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Restaurant is located in a huge 10,000 square foot building on a 1.25 acre lot that accommodates up to 125 cars for parking. 4 separate dining areas seat 175 patrons plus a tavern - sized bar area seats an additional 75 patrons. Sale includes all furniture, equipment, fixtures and inventory. Also included in sales price is 7 day on / off - site liquor license.

Market Competition and Expansion:

Growth opportunities include addition of delivery services, expansion of banquet / reception offerings and increased development of tavern events (i.e. karaoke, happy hour, sporting events, etc); 7 day on / off - site liquor license allows for establishment of ability of packaged sales; Conversion also possible to another type of cuisine, sports bar or night club

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist 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.

Resources:

 

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