Joseph Latina

Patterson Woods Commercial Properties

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Fax: 302-622-3542


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3801 Kennett Pike, Building D, Suite #100
Willmington, Delaware 19807 (View Map)

About the Company

Broker Biography

Joseph Latina (302) 622-3512

Introduction

Joe has been working in the commercial real estate industry since 1989. Throughout his
distinguished career, he has achieved extraordinary success as a real estate broker and
consultant in the food and beverage sector. Born into a family restaurant business, he is the
region’s leading restaurant and bar broker and site location specialist. He focuses on sales
and leasing of restaurants, bars, retail and other commercial properties. Joe has successfully
represented a wide variety of businesses from sandwich shops to fine dining restaurants,
neighborhood grills, nightclubs and liquor stores and also assists clients in obtaining liquor
licenses and business licenses. He assists independent operators and national companies in
site selection, business valuation, leasing and real estate acquisitions. Joe also has extensive
knowledge in the real estate development and investment sector having assisted many in the
evaluation, buying and selling of income-producing investment real estate and development
land.

In 2017, Joe was elected Secretary of CORFAC International and currently chairs their
Affiliation and Development Committee. He will be President of CORFAC International in 2021.

Representative Clients / Top Transactions:
McDonald’s Restaurants, Wendy's Restaurants, IHOP Restaurants, Jake’s Wayback Burgers,
Moe’s Southwest Grill, Zoup!, Primo Hoagies, Dunkin Donuts, Moro Restaurant, Cantwell’s
Tavern, Ulysses Gastropub, El Diablo Burritos, Kitty Knight House, The Granary, Famous
Taverns, 16 Mile Taproom, Two Stones Pub, 2SP Brewery, UniFirst, CSX Railroad.

$500,000,000+ in transactions
300+ Restaurant/Bar transactions
200+ Investment Sales

Services Provided

We offer a full service evaluation, marketing and disposition or acquisition program suited to your needs and wants. We are known for our professional and competent business practices. We utilize the latest technology for making proper evaluation and decisions considering all variables in the marketplace; this coupled with common sense has made us the leader in the transfer of businesses.

Areas Served

  • New Castle, DE
  • Business For Sale Listings

    $155,000
    Hockessin, DE 
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    Reduced- Call for Offers - The Perfect Cup Cafe for Sale - Hockessin

    This breakfast/lunch cafe with homemade pastries daily is a rare find. Customers travel from PA and DE to get their morning brew and tasty sandwiches, treats and other products. The cafe is `1,800 sf and has been a fixture in the Hockessin area since 1998. The present owners have been at the location for the last seven years. The hours of operation are from 5:40 AM to 3:00 PM. The monthly rent is $4,236 with an expiration date of April 2023, and one, five-year option. Stop in, check out the cafe, and contact us if you have an interest to receive pertinent information. More info

    $100,000
    Newark, DE 
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    Main Street Newark Restaurant- F,F and E for sale

    University of Delaware prime main street Location, All furniture, fixtures and restaurant equipment. This is an established restaurant location it seats 56 on the main dining floor, has seating for 10 at the bar and has an outdoor patio area that seats 14. It has beer and soda tap lines, a 16' hood, grease trap and liquor license all included in the sale. Lease only. Walk in and switch the electric and you are up and running. This is an operating location. Information will be released after a confidentiality is signed and approved by the seller. More info

    $325,000
    Cash Flow: $109,507 
    Newark, DE 
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    Top 20 Center in the Country - Enhances Students' Abilities to Succeed

    This specialty school aids students who need additional skills to succeed and also prepares students for higher achievements. Testimonials are available to show the advancement that has been attained. This is a franchise arrangement in which marketing is done both locally and on a national level. The territory is protected and you may draw students from other areas including PA and MD. It has just been announced that this center is in the top twenty in the country. If you don't want to start from scratch, want a seasoned staff, positive cash-flow to repay your debt from the first month of ownership, this center is a great option. More info

    $69,000
    Hockessin, DE 
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    Turn-Key Salon Business for Sale

    Turn-key salon with all fixtures included. Service capacity of 27 clients. Beautifully and uniquely appointed. Top-end furniture and fixtures. Located in Hockessin Crossing, a retail center located off Route 41 in Hockessin, DE. Successfully operated since 2007. More info

    $439,900
    Edgemoor, DE 
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    Turn-Key Convenience Store

    Turn-key convenience store located on Miller Road and two minutes to I-95 and 202 Interchange. Situated across from Home Depot and Dollar Tree and just down the road from Miller Road Shopping Center and Wilmington Brew Works. Buyer will assume all fixtures and appliances. Parking lot for 10 +/- cars. Excellent traffic counts of 17,734 vehicles per day. Current convenient store tenant in place but will vacate once purchased. Could be converted to another use. More info

    $500,000
    Newark, DE 
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    Successful Restaurant on Major Highway

    Amazing opportunity to own well established I restaurant located in a major business environment with hotels, other restaurants, businesses, medical facilities, and lots of retail.. Thriving and profitable business with present owner since 1994. Lease has been negotiated for a long-term assignment and rate is below market value. Alcohol Liquor license with patio is transferable for qualified buyer. Please complete the attached Patterson Woods confidentiality/non-disclosure agreement. More info

    $899,000
    Cash Flow: $250,000 
    Stanton, DE 
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    Amazing Investment Opportunity Servicing Clients with Delectable Food

    Amazing opportunity to own well established, successful business providing food and beverage to numerous customers, as well as, corporations, festivals, and other public and private events, just outside city of Wilmington. Additional retail investment opportunity included. Thriving and profitable business with present owner for over 10 years. Accommodating landlord with opportunity to negotiate lease. For more details, please complete Patterson Woods confidentiality/non-disclosure agreement. More info

    $350,000
    Newark, DE 
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    High Profile-turnkey restaurant-Desirable Main St./Newark

    This restaurant is in an ideal setting serving approximately 19,000 undergrads, grad students, professionals, businesses, families and tourists This restaurant has a reputation for good food, service, and customer family atmosphere. It has an outdoor patio and a full service alcoholic liquor license. The license is transferable to an "acceptable buyer". Complete a Patterson-Woods non-disclosure and pertinent information will be available. More info

    $1,750,000
    Wilmington, DE 
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    Restaurant with Entertainment - Success - Over 30 Years

    This restaurant has been located, redesigned, and re branded at this location for more than three decades with success from each owner; serving great food, entertainment, and outdoor eating/beverages on its patio. The area comprises over 9,240 sf. There is ample parking to accommodate all guests. There is a full service alcoholic liquor license which is transferable for an "qualified buyer". Complete a Patterson Woods non-disclosure agreement and percipient information will be provided as well as a walk through. More info

    $850,000
    Cash Flow: $101,000 
    Wilmington, DE 
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    Day Care

    High end daycare,,operating at 60% capacity...2 Directors on site,,completely hands off owner....new three year fixed lease More info

    $250,000
    Bear, DE 
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    Restaurant Opportunity with Pristine Equipment

    The restaurant is a specialty business; however, you can acquire the "family recipes" and you can add your own flair to dining. The area is a corridor for many restaurants and the demographics on this regional route keeps the businesses hopping. The establishment is is leased monthly, $6,320.25 including CAM charges. Lease expires July 31, 2022, with two, five-year options. Restaurant has a full liquor license that may be transferred to a "potential buyer". This is a turnkey operation. Complete an NDA and we can do a walk through. More info

    $199,000
    Elsmere, DE 
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    Tavern (BAR) & Package Goods Businesses for Sale - Unique Opportunity

    Unusual taproom you can buy alcohol by the glass on-premises and you can buy product to take off the premises. This bar sells food, has a kitchen, not required by its license but owner enjoys servicing the community with great libations and great food specials. Business at this location has been operational for over 75 years. Present owners have been operating for about a quarter of a century. Operates seven days a week. This unique taproom-ON & OFF license is transferable to the "potential buyer". More info

    $2,400,000
    Rehoboth, DE 
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    Profitable Investment in heart of Delaware beaches-Just Reduced

    Amazing opportunity to own successful business and property. Thriving bar and restaurant with prime location nestled between Rehoboth and Dewey beach. Ample parking to accommodate numerous customers. Profitable investment as a landlord with three apartment rentals and one retail business , which are all fully leased. For more details regarding this opportunity, please complete the Patterson Woods confidentiality/non-disclosure agreement. More info

    $150,000
    Cash Flow: $100,000 
    Wilmington, DE 
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    Just Reduced - Profitable - Indoor Playground for Sale -

    This recreational facility is located in an area with plenty of parking. The business has been in operation since 200 7. Open to the public on select days and hours; private events are arranged; and numerous birthday parties are held during the year. All equipment is included in the sale of the turnkey operation and there are no liens against the business/equipment. There is a huge customer base included along with security cameras. More info

    $269,000
    Cash Flow: $100,000 
    Wilmington, DE 
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    Turnkey Operation - Buy Yourself an Eight-Month a Year Position

    Great job if you like the outdoors. Customers included in sale, along with all equipment. More info

    $225,000
    Newark, DE 
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    Established Mexican Restaurant in Newark

    Great opportunity to own an established Mexican restaurant just outside city of Newark. Established restaurant in prime location since 1960 and successfully run by the present owner since 2003. Accommodating landlord with opportunity to negotiate lease. To receive additional details about this opportunity, please complete Patterson Woods confidentiality/non-disclosure agreement More info

    $170,000
    Middletown, DE 
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    Grocery Anchored S.C. Restaurant F.F and E.

    TURN KEY..If you are looking for something that is ready to go and in a great location with all equipment and in great shape. Please consider this opportunity in Middletown, Delaware. 17' Hood, grease traps, seating for 101, bar, bar tap system, soda tap system, liquor license in place. Kitchen equipment, 2 ADA bathrooms. READY To Go. Seller downsizing but still operating till a sale is completed. More info

    $395,000
    Wilmington, DE 
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    Reduced -Daycare Facility including Real Estate - Rare Opportunity

    This daycare has achieved high scores in education and has been in existence for over 25 years with only two owners. The facility has qualified teachers with necessary credentials and has been an outstanding performer as to State licensing. This center has staff that is very passionate about the children that they care for on a daily basis. The maximum number of children is 25 and it does care for infants. There is always a waiting list for entrance. Complete a non-disclosure agreement and pertinent information and location with be shared with "qualified buyer". More info

    $75,000
    Newark, DE 
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    Bar/Tavern for Sale

    Bar/tavern for sale - perfect for an owner/operator. Liquor license transferable to buyer. Open 5p-1a 7 days a week. 21 to enter. Bar only - no food. More info

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