Listing Number: 76551-899085
Description
• Recently rebranded from a franchise to an independent location due to lack of value from the franchisor.
• Ideal location – Densely populated, higher income neighborhood with parking garage for customers and new apartment buildings within a few hundred feet. Landlord is easy to work with regarding lease terms.
• Good staff – Includes one chef and PT waiter. Owner is not active in the business, but one family member is and will not transfer.
• Good product– Food tastes good. Price and quality of the product is middle of the road.
• Financials – Currently break-even in a slow month some profit during busier months.
Listing Details
- Price: $280,000
- Down Payment: $140,000
- Sellers Discretionary Earnings: $12,000
- Total Sales: $490,000
- Location: Maryland
- Inventory: $0
- FF&E: $0
- Employees:
- Reason for Selling: Owner has other pursuits
- Category: Restaurants
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