Business Overview:
Famous seafood restaurant for sale in Talbot County. This restaurant is a landmark for the local community as well as enormous amounts of visitors on the Eastern Shore they get each year. The outstanding atmosphere, outdoor seating and delicious food brings back repeat customers constantly.
Large kitchen with high end equipment, walk in coolers and supplies. With over 7,000 square feet of space and 350 seats this restaurant does $2,500,000 in sales each year. Same owners for over 50 years are ready to sell this prized restaurant for retirement.
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Property Features and Assets:
Large kitchen with high end equipment, walk in coolers and supplies.
With over 7,000 square feet of space and 350 seats this restaurant does $2,500,000 in sales each year.
Rent: $16,000
Term: 10 years plus 2/5 year options
Size: 7,124 sf
Seats: 350
Market Competition and Expansion:
Ask broker.
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.
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