Profitable Deli and Catering Business - Seller Retiring

Montgomery County, MD

Seller Financing Available
Profitable Deli and Catering Business - Seller Retiring
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Asking Price: $500,000

Cash Flow: $300,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: $350,000

Inventory: $15,000*

Rent: $1.75 /Month

Established: 1947

*not included in asking price.

Profitable Deli and Catering Business - Seller Retiring

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Business Description

Restaurateurs Don't Pass This Deal!

Very famous well known New York style deli restaurant and catering company. Excellently managed owner semi-absentee, but it's time to hang the towel up.
Absolutely astonishing nostalgic historic restaurant. Seats 78+/- Full service kitchen in main restaurant and NEW full service kitchen in catering facility next door.
Restaurant established in 1947 in the same location!
All goodwill rights to the name and recipes, included. Well oiled cash cow for the right individual. Continued growth year after year after year. Super future ahead. You write your ticket!
On / Off Beer and Wine License.
Seller will finance some to qualified buyer! Won't last long at this price.
Please, serious inquiries only.

Attached Documents


Detailed Information

Location:
Montgomery County, MD
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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