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| Asking Price: |
$395,000 |
Status: |
Active |
|
| Business Type: |
Food and Beverage / Food and Beverage - Others |
Reference #: |
3191 |
|
| Business Location: |
Maryland |
Broker Coop: |
No |
|
Calvert County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
|
Full-Time Employee: |
1 |
| Cash Flow: |
$130,000 |
Part-Time Employee: |
12-15 |
|
|
Business Detail Information |
Lease Information |
| Form of Ownership: |
Corporation |
Leased SqFt: |
1,200 SF |
| Year Established: |
2007 |
Rent /Month (Include NNN): |
$3,005 |
| Accounting Info(years): |
|
Lease Exp.Date: |
12/31/2016 |
| Franchise: |
Yes |
Original Lease (# of yrs): |
|
| Liquor License: |
No |
Lease Left (# of yrs): |
4 |
| Seating Available(#): |
|
Lease Option (# of yrs): |
|
| Parking Space(#): |
|
Lease Renewable: |
Yes |
| Hours of Operation: |
Sun - Thur: 11AM - 9:30PM & Fri - Sat: 11am - 10pm |
Lease Transferable: |
|
| Reason For Sale: |
Health forces sale. |
Rent Increase: |
|
| Seller Training Available: |
Yes (2 Weeks) |
|
|
Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
|
| Real Estate Value: |
|
Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$195,000 |
| Fixture & Equipment Value: |
$90,000 |
Seller Financing Term(years): |
|
| Inventory Included: |
Yes |
Annual Interest Rate: |
|
| Inventory Value: |
$10,000 |
Min. Down Requested: |
$200,000 |
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|
Business Description |
Located in a high traffic area, premier shopping center with a national anchor on a major highway with 45,000 + cars per day. Complete turn-key operation, fully equipped for retail and outside catering. Nearest immediate competition is over 15 miles away. Great area demographics with median income of $95,000 per year. |
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