Seller Financing Available
RARE Opportunity! Newly Remodeled, ICONIC Restaurant $560K net a year!
Highly Profitable, Newly Remodeled, Iconic Restaurant-$560,000 Cash-flow!
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 $523,690, $538,921, $624,799, $518,060 & $597,611 respectively for a five year average of $560,616!
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 $220K + full, front of the house, remodel currently being completed at seller's expense estimated to be done mid-February. This already hugely profitable restaurant is anticipated to explode with renewed interest when renovations are completed! NOW is the time to make a great investment and set yourself up for tremendous ROI for years to come!
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.