Listing Number: 090122-440000
Description
Owner Absentee, SBA Prequalified, Growing Niche Business, Srong Growth Potential!!!!!!!!!!!!!!
Quality. Customer-focused. Local favorite, Owner Absentee. These are just a few of the phrases that best describe this opportunity.
This business opportunity provides a menu that fuses local favorites with their own chef-inspired creations. Their meats and seafood are all locally sourced and are super fresh. Their taps are filled with quality craft beers. And their revenue is trending up - with projections for 2024 are sizing up to $1.3 million (approx.)
Offering live music and trivia nights, this is an exciting opportunity for anyone looking to not only own a restaurant but to be an owner that brings a community together.
Are you ready to own your very own profitable Restaurant at a prime location as the seller is retiring? This long-established Restaurant and Bar for Sale is one investment that could pay off big time. This well-known brand is a turn-key location and operating for over 5 years. Dedicated NEW on-site owner can probably increase the current sales. If you have strong credit, we have LENDING PARTNER BANKS AVAILABLE and approval only takes days!
BUSINESS INFORMATION/FINANCIAL HIGHLIGHTS
Established since: 2018
Business Type: Restaurants & Bar
Location: High visibility key/main street busy strip mall (with ample parking available along with top franchises)
Area: Highly sought after affluent location
Sales Revenue (2023): $1,340,342.00
Sales Breakdown: 84% (Food), and Others/Beverages Products (16%)
Seller Discretionary Earnings (SDE): $130,129.00
Inventory: $ 15,000.00 (Included in asking price)
Real Estate: Leased SF: 3,102
Monthly Rent (NNN): $4,805.00
Lease Type/ Expiration/Rent: Long term with auto renewal 6/30/2032/Low
Majority Customers Type: Well established large size commercial and residential areas.
Competition: Low
Number of Employees: 10 (6 FT & 4 PT)
Employees Longevity: Long term
Team Work Culture: Excellent
Furniture, Fixtures, & Equipment (FF&E) & Leasehold Improvements: $ 310,000.00 (Included in asking price)
Support & Training: 4 weeks
Hours of operation: Sat: 11am-10 pm, Sun: 10am-8pm: Mon: Off
FAMILY and PROFESSIONALS FRIENDLY AMBIANCE AND WINE & BEER SERVING ALL DAY LONG
They emphasize and focus on a family and professionals friendly environment, serving beer and wine with the food as well as for delivery to meet the needs of of their customers.
LOCATION, LOCATION, LOCATION
This Restaurant and Bar for Sale is located in the most sought-after locations in Edgewater, MD commercials Area . As the owner of this business, you will enjoy all the benefits of high traffic counts, shopping center with BIG NAME retailers including WALLSGREEN PHARMACY, Starbucks, SAFEWAYS, McDonald's, GIANT FOODS, 7-Eleven, CHICK-FIL-A and the benefit of a TURNKEY OPPORTUNITY.
DREAM COMES TRUE
Have you always dreamed of owning your own Restaurant, but never had the money to invest in a start up? A new venture has a lot going for it, but if you don't know what's ahead then there may be many moments when things look rough or unclear. That's where buying an existing business like this Popular Restaurant for Sale comes in! Transworld has lending partners that could help you finance this opportunity!
PERFECT FOR OWNER OPERATOR
With a winning concept like this Restaurant and a dedicated NEW on-site owner, the sky is the limit for this gem. Sometimes all it takes is a fresh perspective from a new owner to increase sales and be more successful. Current sales are around $1,138,000.00 Plus, but there is plenty of room for growth with on-site owner and the drive to make this location a magnet for patrons. This is an opportunity to make this particular business a big money-maker like countless others across the area.
OPERATIVE AT THIS LOCATION FOR 6 YEARS
This pizza location was started in 2019 and has a built-in customer base already in place. Another great benefit to purchasing an established location like this one, is the employees! Business has 11 employees already in place and are trained to the brands standards.
Training by the management will have you well prepared to be running your own store!
Don't miss this opportunity to purchase a turnkey, fully equipped Restaurant and Bar with liquor license for Sale, including the rare delivery services. This won't last long so call today for more information!
Sellers financing options: Available for the eligible buyers.
Note: Proof of funds required.
For more information, please contact:
Aamer Chaudhary - President/CEO, Transworld Business Advisors, Annapolis, MD & Downtown Washington DC at Cell: +1 202 509 3739 / +1 703 4570362 or Office +1 202 461 2204 or by email Achaudhary@tworld.com, we shall be more than happy to be at your service.
Listing Details
- Price: $475,000
- Down Payment: $100,000
- Sellers Discretionary Earnings: $130,129
- Total Sales: $1,186,036
- Location: Anne Arundel County, Maryland
- Inventory: $10,000
- FF&E: $180,000
- Employees: 9
- Year Established: 2018
- Reason for Selling: Owners Retirement
- Category: Restaurants
