Restaurant for sale by Owner

Hagerstown, MD
Asking Price:$290,000
Gross Revenue:$700,000
Rent:$1,422/Month
FF&E:$80,000
Cash Flow:$225,000
Inventory:$50,000
EBITDA:$105,000
Established Year:2007
BUSINESS DESCRIPTION

Bargain

Well established restaurant for sale located in a area with a lot of traffic. The restaurant has its own parking lot, small rent and very good potential for growth. The restaurant is in business for 17 yrs and has new equipment, regular customers and well established working staff. Financing options available .


DETAILED INFORMATION
Location
Hagerstown, MD
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
01/04/2034
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Low Competition.
Growth & Expansion
With minimal advertising the potential growth is over 100,000 $ annual.
Support & Training
Willing to stay with the buyer for few weeks to help getting familiar with the menu and how to prepare some of the dishes.
Reason for Selling
Retirement.
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Ciprian Mircea
Ciprian Mircea