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#5761
Maryland Restaurants For Sale

Seafood Restaurant & Bar With Large Net Profit!

$625,000
Seafood Restaurant & Bar With Large Net Profit!
This Listing is Expired

A Seafood Restaurant where everything is made fresh daily.
• This large, 6,256 square foot, freestanding building sits on 3 acres on a main Interstate Route.
• It features Steamed Crabs, Seafood, Steaks, Homestyle Meals and has a Restaurant & Market; Dine In or Carryout.
• It is open For Lunch and Dinner.
• They are known for their crabs and it shows by the large amount they go through each season!!!
• The restaurant seats 120.
• There is also a private dining room that seats 18.
• There is a bar, which has 6 beer taps & seats 5 at the bar and another 14 in the bar area.
• It has a full, 7 day liquor license and they also have a lottery/Keno license.
• Wood floors throughout, plenty of TV’s and it just had brand new renovations in the building.
• The kitchen is well equipped with a Turbo Chef & Unox Combination oven, plenty of fryers, 28’ hood, shrimp steamers and a large, 2 door Market Forge crab steamer that holds bushel baskets.
• There are 2 large 12’ X 25’ walk-ins.
• Plenty of storage out back of the restaurant and it also has a 1 bedroom apartment.
• New Well water and a brand new $250,000 septic system recently installed.
• Sales are averaging over $36,000/week.
• Landlord will give a new 10 year lease with options.
• Rent is $10,000/month NNN.
• Very Large Net Profit!
OPEN FOR LUNCH & DINNER 5 DAYS A WEEK!

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Maryland Restaurants For Sale
Total Monthly Rent:
$10,000

Financials

Last Year's Annual Gross:
$1,713,000

Operations

Liquor License:
Full, 7 day
# of Full-Time Employees:
4
# of Part-Time Employees:
15
# of Family Employees:
1
Hours Open:
11:00 am- 9:00 pm
Year Established:
2012

Facilities

Indoor Seating:
120
# of Parking Spots:
private lot
Inside Sq. Ft.:
6,256
Total Building Sq. Ft.:

Highlights

  • Maryland Seafood Restaurant
  • Freestanding Building on a very busy Road
  • Low rent with a long term lease
  • Full Bar
  • Lottery/Keno License
  • Recently Renovated
  • Best Fresh, Steamed Crabs in the Area
  • Great Profits

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 23,927 23,927
Households 3-mi. 5-mi
2010 Number Of Households 7,783 7,813
2010 Persons Per Household 3.02 3.02
Median House Value $301,700 $300,542
Income Per Household $89,831 $89,486
Businesses 3-mi. 5-mi
2009 Number Of Businesses 294 296
2012 Number Of Employees 3,816 3,816
2012 Total Annual Payroll $66,281,000 $66,281,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.


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