Seller Financing Available
Rare Opportunity-ICONIC Restaurant netting over $550K a year.
Very Profitable Restaurant-$560,000 net income
Frederick County, MD
King & King Business Advisors has been appointed the exclusive Brokers for this iconic restaurant business for sale.
For some, this restaurant is a romantic fantasy destination, for others it represents a virtual culinary excursion to the hustling and bustling streets of a downtown, urban environment.
Well over a decade in business, this restaurant has become one of a very few premier fine dining restaurants in central Maryland offering an atmosphere second-to-none and a menu and wine selection to match!
In addition to it’s great location, intimate atmosphere, excellent service, and exquisite menu items it is a huge financial success. with revenues in 2009, 2010, 2011, 2012 & 2013 of $2,198,076, $2,350,784, $2,598,284, $2,416,010 & $2,450,257 respectively. Management reports Seller’s Discretionary Cash Flow (SDCF) in the same years to be $492,054, $501,334, $558,173, $452,232 & $560,831 respectively (average approximately 20% net per year).
As the new owner of this truly iconic, culinary masterpiece restaurant, you will immediately gain the status and prestige afforded the very few within the restaurant industry. This truly is a rare opportunity to join the upper echelon of restaurateurs within a very highly coveted F&B market.
Sales price includes a $200K + full, front of the house, remodel to be completed at seller's expense.
For more information contact the broker.
NOTE: All inquirers will be required to submit a Confidentiality Agreement and to provide the appropriate level of financial information to prove they have the financial resources for such a transaction.