Franchise Restaurant in Annapolis

Annapolis, MD (Anne Arundel County)

Franchise Restaurant in Annapolis
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Asking Price: $80,000

Cash Flow: N/A

Gross Revenue: $575,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Franchise Restaurant in Annapolis

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Business Description

Perfectly located in an upscale and THRIVING shopping center, this exceptional restaurant franchise offers outstanding ample free parking. This particular unit underwent a fabulous renovation in 2017! Gross sales are steadily climbing here. In 2018, the gross sales were about $575,000. The rent is only $8,600 per month for 2200 square feet. The spacious dining room offers seating for 40 people. Hours of operation are 11 to 9 and 11 to 10 on weekends. Average monthly payroll is $11,000 for 8 employees. Utilities typically run about $2,000 per month. 5% of the gross sales are generated by deliveries from UberEats and GrubHub. The franchise charges a 5% royalty fee and an additional 2% for advertising.

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Detailed Information

Location:
Annapolis, MD
Franchise:
This business is an established franchise
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(from currently available funds)
 
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David Peter

Business Listed By:
David Peter

Liberty Business Brokerage

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