Biz for Sale

Businesses for Sale

This is a sampling of the many businesses we have available for sale or acquisition. If you have any questions please don't hesitate to contact one of our representatives at 877.268.9062 or fill out our E-mail Contact Form

Steak and Seafood Restaurant with Bar and Catering - Pasadena, Maryland

Asking:

Asking: $125,000
SOLD Included in the Asking Price:

• Furniture, Fixtures & Equipment: $65,000
• Inventory: $5,000

Summary Description:

Well known in the community, serving steak and seafood, established for over 2 years and 15 years of catering. 99 seats total in restaurant, full bar with 25 seats,and liquor license. Gross numbers are based on restaurant and bar open for dinner only. In the last 30 day's the business started serving lunch. Gross revenues split up as follows: 50% catering, 30% Bar and 20% restaurant.The business has a van (included) for the catering deliveries. Open 7 day's a week. Sellers Discretionary Income: $69,500+ A must see establishment for the price!

General Information:

Year Established: 2002
Employees: 9
Facilities: 2,600 square feet, with seating for 99 people in the restaurant, and a full bar with 25 seats. In a busy shopping center with ample parking. Rent: $2,733 per month (inclusive).

Market Outlook:

Competition: Great established business, web site, and name in the community since 1983.
Growth and Expansion: Growth potential as the restaurant is poised to take off with 2 completed golf courses and completion of a new community.

About the Sale

Financing: Yes, Maximum of 75%
Support/Training: Yes, 30 day's
Reason Selling: 3 year old child preparing for major operation

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