Awesome Pizza Restaurant Possible Wine and Beer

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Asking Price:
$399,000

Gross Revenue:
$904,000
Cash Flow:
$165,000
EBITDA:
$190,000
Inventory:
$10,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Not a lot of room for price negotiation**

Are you looking to own very profitable Business in Howard County? This is it.....

An amazing pizza restaurant in Elliott City, Howard county up for sale.There are single family homes, apartments, town homes and offices to get customers from. This is upscale area therefore people spend good money in food. This restaurant makes its OWN dough, marinara sauce and other items from scratch which differences from competitors. Seats have been upgraded. Cooks have been working there for 11 and 7 years means its good place to work. Drivers and front desk employees make good money and tips resulting longer tenure of employment.

New Owner can renew/apply for beer and wine license(used to have it)and may add other food concepts for additional revenue.

Mgr Salary- $4,000/mo- You can keep if you manage yourself.

SBA Loan approved business. You must have good credit and 20%-30% down payment on hand. SBA may require collateral and verification of 3 months of bank statements for down payment. Gift fund are acceptable as long as it doesn't exceed 50% of down payment amount.

Food Experience and owning a home is preferred by Landlord.

SERIOUS INQUIRY ONLY!

About the Business

Location:
Ellicott City, Maryland
Year Established:
2004
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About the Sale

Reason For Selling:
No time due to other obligation

Listing Info

ID:
1613572
Ad Detail Views:
686

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$
months
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Business Listed by

Nick Adhikari

Baltimore Business Brokerage
License# 668929

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