PRICED REDUCED! Successful American Tavern and Restaurant
Wilmington, DE
| Asking Price: | $395,000 |
| Rent: | $9,700/Month |
| Gross Revenue: | $905,631 |
| Established Year: | 1985 |
Listing ID: 2272521Listing provided by BizBuySell
BUSINESS DESCRIPTION
Opportunity to own a legendary restaurant that's been a local favorite for over 30 years! This once-in-a-lifetime chance is ideal for anyone looking to acquire a restaurant with a loyal clientele in the Chateau Country. Their charming, upscale ambiance, award-winning cuisine, generous drinks, and welcoming service have been delighting customers since opening day.
DETAILED INFORMATION
Location
Wilmington, DE
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,200
Lease Expiration
31/07/2029
Employees
10
Facilities
Furniture, fixtures and state-of-the-art kitchen equipment is included in the sale price! The lease is good until 7/31/29 and monthly rent is currently $9,700. Liquor license is transferable to an approved buyer.
Competition
Please note there are only a few fine dining restaurants in the area.
Growth & Expansion
Expand the hours of operation to include late nights and Sunday's. Deliver options could be added as well as broader happy hour choices.
Support & Training
Sellers are willing to train new owner upon executed agreement of sale and two weeks after settlement.
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