Profitable American Restaurant
Location Maryland,United States
Asking Price Range $250K - $500K
Gross Revenues $1353543
Net Profit / Cash Flow $181732
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1970
Number of Employees 10 - 19
Inventory 110000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training Will train for 2 weeks at no cost.
Reason for Sale Retirement.
Description This restaurant for sale has been a part of the Wheaton community in Montgomery County, MD owned by the current owner for 32 years. It has an outstanding reputation, is profitable and grossing over $1.3 mm in sales every year. The owner is in his 70's and is looking to retire. A ten-year lease extension is available. Plenty of parking, good signage. Owner benefit is over $180k, substantiated by tax returns. Price: $470,000. Email or call Jon Beall at 301-294-6200.
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