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| Well Established American Restaurant and Pub |
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This business has been viewed 471 times.
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| Company: |
| Location: Greenbelt, Maryland |
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Contact: Augusto Zuniga
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| Asking Price: |
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$800,000.00
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| Industry: |
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Restaurant-Theme |
| Reason for Selling: |
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Other interest |
| Year Established: |
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1999 |
| # of Employees: |
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40 |
| Yearly Net Profit: |
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Not Disclosed |
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Overview:
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This Well Established American Restaurant/Pub has been located on a main street, with plenty of parking, in a very busy area of Prince Geroge County for 10 years. It is set up perfectly with a beautiful restaurant area, bar area and separate party room. The dining room seats 95, the bar booths seat 20, the bar seats 24 and the party room seats 70. The business has a great reputation for good food and atmosphere. It has a strong following. They sell approximately 60% food and 40% liquor. Current owner’s other business interests create this excellent opportunity for the right person. The business currently has 2 managers making $50,000 plus of which at least one could be removed. Grossing $1,300,000 with a net not disclosed which could be increased. Asking $800,000 with $300,000 down. If you’re looking for a well established, turn key restaurant in a great area, with a large net that could be increased then this is a definite must see.
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Additional Details:
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- The property
is
leased.
- The owner
is
willing to train/assist the new owner.
- The owner
is not
willing to work for the new owner.
- This
is not
a homebased business opportunity.
- This
is not
a franchise opportunity.
- This
is not
a distressed business or bankruptcy situation.
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WHEATON BAKERY !!REDUCED $220000!!!
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