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Large Restaurant

College Park, Maryland (Prince Georges County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $899,000 Inventory  
Gross Income $1,550,000 Real Estate  
Cash Flow Not Disclosed Year Established 1971
FF&E N/A Employees 45

* included in the asking price

** not included in the asking price

This well established Restaurant, in business almost 40 years sits near a major intersection close to Government offices, Federal Courthouse, NASA, University of Maryland & plenty of Hotels and neighborhoods. ! minute off of RT. 495 & RT. 95. Sales are averaging around $30,000/week. Payroll is $24,000/month. Seats 255 and has two private dining rooms as well as the main dining room. Rent is $11,250/month and has a long term lease. Plenty of parking,

Facilities: Space is 7,894 square foot and seats 255. There is a large dining room and two private rooms. Located on a heavily traveled road with over 50,000 cars a day. Great location close to Federal Courthouse, University of Maryland, NASA, Largest apartment complex on the East Coast.

Competition: Been in business for almost 40 years and has a great reputation.

Growth/Expansion: Current hours are until 9:00 P.M. Liquor license allows until 2:00 A.M.

Support/Training: 2-4 weeks

Reason Selling: Retiring.

Business For Sale By

Jim McGinnis

1-800-424-7714

Restaurant Brokers & Developers, Inc

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