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Huge Deli and Catering Business

Montgomery County, MD

Seller Financing Available
Huge Deli and Catering Business
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Asking Price: $800,000

Cash Flow: $350,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: $350,000

Inventory: $15,000*

Lease Rate: $21 /Year

Established: 1947

*not included in asking price.

Huge Deli and Catering Business

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Business Description

Price just reduced significantly seller motivate to retire this year!
Famous well known restaurant and catering company. Excellently managed owner semi-absentee. Great Operation! Absolutely astonishing nostalgic historic restaurant. Seats 78+/- Full service kitchen in main restaurant and full kitchen in catering facility next door.
Fantastic American and New York Style Deli men. All goodwill rights to the name and recipes, included. This restaurant is well managed and very successful with continued growth year after year. Great future ahead with new catering facility and staff. You write your ticket! Just reduced price! Seller motivate to retire this year and will finance some to qualified buyer!
Please, serious inquiries only.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,500
Lease Expiration:
N/A
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Main 3000 sq. ft. (+ -) Storage 1000 downstairs Plus catering 450sf kitchen and 1500sf finishes down stairs. Building is historic! No future redevelopment plans.
Financing:
SBA or seller financing available to qualified individual.
Support & Training:
Fully trained management staff. Seller will train if need to.
Reason for Selling:
Retiring from restaurant business
Business Website:
http://www.washmbb.com
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Contact the Seller

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Jorge E. Portalea

Business Listed By:
Jorge E. Portalea

Washington Metropolitan Business Brokers

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