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Business For Sale

Restaurant with Big Earnings

Wicomico, MD

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$650,000
$2,100,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1992
0
33213344
Owner Financing is Available!
Possible owner financing.

Business Overview:

The restaurant is a turn-key opportunity located across from a burgeoning retail area. The seller has developed a system that permits him to turn over tables in a very short amount of time. As a result, he can accommodate large parties and provide better service during the holiday season. This in turn produces a higher income than expected. The seller works about 20 hours a week.

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 located in a free standing building featuring 8,000 square feet. It was constructed in 1952 and the current owner has been running this Italian restaurant since 1992. The restaurant and its furnishings are in nice condition. The rent is $6,250 per month, NNN and the lease term expires in 2016.

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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