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Restaurant With Big Earnings

Maryland (Wicomico County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $650,000 Inventory  
Gross Income $2,100,000 Real Estate  
Cash Flow Not Disclosed Year Established 1992
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

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.

Facilities: The restaurant is located in a free standing building featuring 8000 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 $6250/month, NNN and the lease term expires in 2016.

Support/Training: The seller will provide training and the managers are willing to stay after the sale.

Reason Selling: The owner wishes to retire.

Business For Sale By

Alicia Wines

410-356-6682

Wolf Business Brokers

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