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Business For Sale

Georgeous Restaurant with RE in Resort Area

Garrett County, MD

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
$2,100,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1959
0
80113344
Owner Financing is Available!
Possible owner financing.

Business Overview:

This restaurant has been open to the public since 1959 and has had a major renovation in 2004 to the restaurant and the grounds. They also offer dinners for special events and can cater to a large crowd. A 7 day beer, wine & liquor license is available with the sale. The owner has worked hard to develop a a thriving business for the locals and visitors alike. The staff is capable and efficient and are loyal as well. This is a must see! This restaurant is capable of putting up greater numbers than present.

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:

The restaurant is 6,136 square feet in size. The rent is $4,000 per month NNN with 3% annual escalations. The lease term is 5 years with one 5 year option to renew. The restaurant is is excellent condition as are the furnishings. There are public water and sewer on the property. The signage is more than adequate.

Reason for Selling:

The owner wishes to relocate.

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.
 

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