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Cheeburger Cheeburger Restaurant in Annapolis, MD

Annapolis, MD (Anne Arundel County)

Cheeburger Cheeburger Restaurant in Annapolis, MD
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Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: $572,000

EBITDA: N/A

FF&E: $300,000

Inventory: N/A

Rent: $8,398 /Month

Established: 2018

Cheeburger Cheeburger Restaurant in Annapolis, MD

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Business Description

• This is brand new construction with top of the line equipment.
• The space is 2,250 s.f. It seats 70 inside.
• All hardwood tables, tile floors, drop lighting.
• Menu features hamburgers, fresh cut fries and onion rings along with milkshakes.
• There are 3 years left on the lease and Landlord will extend the term for a qualified Purchaser.
• Rent is $8,398 a month including all NNN costs.
• Presently sales are $11,000/week.
• Kitchen features a 4’ flat top grill, 3 two basket fryers, Walk-in Freezer/Refrigerator, grease trap,
dishwasher.
• Costs to buildout were over $500,000 last year.
• Presently operating as a hamburger concept but you can either continue the present operation or
change it to your own.
• This space is as clean as a whistle! Great location in Annapolis, MD.

Attached Documents


Detailed Information

Location:
Annapolis, MD
Real Estate:
Leased
Building SF:
2,250
Lease Expiration:
10/15/2021
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very busy, well established Shopping Center
Reason for Selling:
Getting out of the business
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Jim McGinnis

Business Listed By:
Jim McGinnis

Restaurant Brokers & Developers, Inc.

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