Equipment Only Sale - Family Dining with a Gourmet Twist!

Elkton, MD (Cecil County)

Equipment Only Sale - Family Dining with a Gourmet Twist!

Asking Price:$50,000

Cash Flow:N/A

Gross Revenue:$650,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2006

Equipment Only Sale - Family Dining with a Gourmet Twist!

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Business Description

This restaurant is established in the community and the work for success has already been accomplished. New owner can takeover enjoy the benefits of the present success. Excellent staff willing to stay with an excellent work ethic. The facility outshines in all its services: eat-in dining, take-out, catering, and delivery. This a restaurant that you must see. Kitchen alone is fabulous comprising 1,600 sf +/- with two walk in refrigerator/freezers. The Beer/Wine License can be easily transferred to a qualified buyer. Complete a Patterson Woods Confidentiality Agreement, and you will be furnished the location, a walk-through, and all pertinent information.

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Detailed Information

Employees:
5 f/t; 8 p/t
Facilities:
Located in a small strip center with great visibility and ample parking. Restaurant is 3,200 +/- and is open seven days a week. Monthly rent is $5,669.47 and CAM charges. This is a front patio for seasonal dining. Also, a field in the back of the restaurant that can be utilized for outside picnics and special events. This restaurant is minutes from the city of Newark, DE, Landenberg, PA and other communities with a similar southern charm and vibe.
Competition:
There are restaurants in the general area of MD, PA, and DE. However, this facility offers lunch and dinner, take out and has a compliment of beer and wine for sit-down dining. Catering is available on or off premises and the wine/beer is available for off-premise catered events.
Growth & Expansion:
The restaurant is open seven days from 11:00 AM to 8:00 PM. The hours can be extended to include late night dining. Also, there are a number of office building in the area that you can market for delivery, and there is a need to expand the already existing catering.
Support & Training:
Seller will work with buyer during the transition.
Reason for Selling:
Seller desires to concentrate on his existing catering business.

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Joseph Latina

Business Listed By:
Joseph Latina

Patterson Woods Commercial Properties

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