High Volume Seafood Restaurant in New Castle County

New Castle County, DE
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Asking Price:$1,750,000
Gross Revenue:$1,300,000
Cash Flow:$400,000
Established Year:2020
BUSINESS DESCRIPTION

This restaurant was established in 2020 and has a great following for its menu options, scenic area including dining on the outside patio and vibrant nightlife. It has a full service alcohol beverage license including Sunday and patio. The building is 5,000 sf +/-. Interested buyers must complete a LMT Commercial Realty NDA. Liquor licenses may be transferred to a "qualified buyer".


ATTACHED DOCUMENTS
LMT Commercial NDA.doc Download

DETAILED INFORMATION
Location
New Castle County, DE
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Facilities
Location offers ample parking, liquor license is transferrable, commercial kitchen and large bar and dining room. Outdoor seating and a "bar trailer" make for great live music potential.
Competition
There are similar restaurants in the area but this particular restaurant has award winning menu options that set it apart from the crowd.
Growth & Expansion
Currently seasonal, could expand to year round.
Support & Training
Seller will assist in the transaction to ensure a smooth transition.
Reason for Selling
Retirement and Health
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Joseph
Latina
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Joseph Latina