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Well-established Restaurant, Great Opportunity for Purchase or Lease

Wilmington/New Castle, Delaware (New Castle County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $950,000 Inventory tbd** 
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 1982
FF&E included in asking price* Employees 7 ft, 4 pt

* included in the asking price

** not included in the asking price

The restaurant is 7,000 +/- sf, building located on just under 4 acres with lots of parking, excellent ingress and egress on major commercial highway, great land lease, if building is purchased. Casual family dining facility increased hours can drastically increase the profits. There is a great retail market in close proximity. Can be a venue for late night entertainment, banquets and special events.

Facilities: Purchase price includes building only, will all improvements, business assets, furniture, fixtures, and equipment, excluding tradename. Lucrative land lease, or Buyer may lease everything including ground lease for $11,000 NNN, monthly.

Competition: Restaurant is located on a major thoroughfare with a number of restaurants. Restaurant has a history in the community for about 25 years.

Growth/Expansion: Presently serving dinner; growth potential by serving lunch to the number of businesses in the area.

Support/Training: Training will be negotiated if needed.

Reason Selling: Company has restaurants in a number of states and is downsizing.

AD # 383578

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