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Fine Dining Restaurant with lots of upside

Hagerstown, Maryland (Washington County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $325,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 2004
FF&E N/A Employees 12

* included in the asking price

** not included in the asking price

This well-appointed 5,000 s.f. fine dining restaurant is ideally located in an area of town experiencing new development in professional office, medical office, retail, residential and a new 500K s.f. medical facility. The owner has built an excellent reputation in his 5 years of operating the restaurant. The restaurant is housed in a modern steel and glass professional building with great visibility, lots of parking and signage on a busy boulevard. The interior is decorated with high quality materials and the kitchen is immaculate. The layout offers two dining areas and a bar with additional table seating This operation is turn-key, successful and offers additional upside. The rent is below market and the sale price is below the cost of the buildout and equipment. All financials are available. We have priced the is restaurant to sell quickly. Don't miss this outstanding opportunity to own and operate this successful, fine dining establishment in Hagerstown, Maryland.

Facilities: Beautifully appointed 5,000 s.f. fine dining restaurant with two dining areas and a bar area with table seating. The facility is in immaculate condition all built with the highest quality materials. The kitchen has been well- maintained and equipment is in excellent condition.

Competition: There is the only fine dining restaurant of its kind in the Hagerstown area. The restaurant is in a growth area that is experiencing many new commercial and residential developments.

Growth/Expansion: The business has upside in that more commercial and residential development is coming to the immediate area. The new owner could gain additional sales through advertising and to new business and could increase sales through local advertising and opening for lunch and dinner on Sunday.

Financing: Owner is willing to finance

Support/Training: The seller will work with new owner to adequately train

Reason Selling: The owners wants to be close to his family who has moved out of the area.

AD # 383681

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