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Business For Sale

Profitable& Popular Seafood Restaurant

Prince George, MD

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$295,000
$650,000
Not Disclosed
$100,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1963
0
29127212

Business Overview:

This restaurant is an historical landmark. The restaurant began in 1963 and the current owners have had it since 1981. They have a wonderful menu of seafood as well as chicken, lamb, beef and pastas. This restaurant is known for their delicious crab cakes and has been written up in the Washington Post and Washingtonian on more than one occasion. The restaurant is equipped with a bar and on weekends does Karaoke. The restaurant also does some catering. It is located in Prince George County on a very busy main Thoroughfare. An ideal candidate would be someone who has restaurant experience, creativity and energy to take this little gem to the next level. One of the real perks to this business is that it has a 7 day beer, wine and liquor license, Class B, BL (on and off sale). It is one of the five licenses that exist in Prince George County.

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:

This facility has approximately 2500 square feet and seats 80 including the bar. The seller is the landlord and a new lease will be created with both parties agreeing to terms. There is ample parking in the back. The rent is $5,000 per month.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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