Italian Restaurant for Sale

Hanover, MD
Anne Arundel County

Asking Price: Annual Revenue:
$625,000 $1,900,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Italian Restaurant for Sale Broker: David Karczeski

Quick Facts

Asking Price: $625,000
Annual Revenue: $1,900,000
Net Profit: $270,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 30
BBN Listing #: 111215705
Broker Reference #: C 350

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Business Overview:

Turn-key Italian Restaurant for sale in Hanover, MD. Family owned for 30 years. Restaurant also has a well established catering business including automated catering system and catering van. Loyalty program with 6,000+ customer emails. Stable workforce. Ability to provide 54 seat private dining room. Ability to grow revenue with increased store hours and a bigger focus on evening and weekend catering. All equipment and recipes included in sale.

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Additional Details:

  • The property is leased.
  • The owner is not 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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