| Asking Price |
$450,000 | Inventory |
$12,000** |
|---|---|---|---|
| Gross Income |
$1,100,000 | Real Estate |
1,750,000** |
| Cash Flow |
Not Disclosed | Year Established | 1960 |
| FF&E |
N/A | Employees | 18 |
* included in the asking price
** not included in the asking price
Waterfront restaurant for sale with either long term lease at $84,000/annually NNN or property may be available for purchase or lease option purchase. Gross sales average $1,100,000/year. Full liquor license and Keno. Restaurant seats 185. Large dining room has beautiful view of the water. Tiki Bar on deck & live music. Easy access by water to the Chesapeake Bay. There are many charter boats for daily catering events. Plenty of parking on premises. Long established business. Owner is retiring. Negotiable down payment to qualified Purchaser.
Facilities: This Waterfront Restaurant is 4100 sqaure feet and seats 185. There is an outside Tiki Bar on the deck. It has a 7 day liquor license and Keno. It has a large dining room with a beautiful view of the water. It has a large parking lot. Business is available for a long term lease or the property is available for purchase.
Competition: Has been long established and has growth potential.
Growth/Expansion: Property has expansion ability.
Financing: Yes, to a qualified Purchaser
Support/Training: 2-4 weeks after settlement
Reason Selling: retiring

Jim McGinnis
1-800-424-7714
Restaurant Brokers & Developers, Inc
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