Established Restaurant in Western Maryland's Favorite Outlet Center
Business Description
Thank you for your interest in Feast Grill & Creamery located in Hagerstown Premium Outlets.
Feast provides a great opportunity for someone who would love to own their own restaurant.
For a few years I have lived a few hours away from this business and run it as a more or less absentee-owner with a manager. However if you prefer immediate income as an owner-operator, the past few years I have spent around 35-42K paying a full time manager at $24 an hour. Manager pay could immediately be diverted to pay yourself as the owner-operator, or the current management structure could be kept in place as you grow the business.
In addition to the current cashflow, there is room for growth in delivery services (currently at only 4%) as well as social media and advertising.
With a small capital outlay and seller financing you can start your dream of owning your own business. You would also acquire valuable equipment with a replacement value of $130K and inventory of about $3K.
Established Restaurant in Western Maryland's Favorite Outlet Center
This turnkey American restaurant presents an exceptional opportunity for an entrepreneur seeking immediate ownership of a profitable food service business. Located in a popular outlet shopping center in Hagerstown, MD, this established operation has built a loyal customer base.
Business Overview:
Operating continuously for over one year, this restaurant has proven its viability in the competitive food service market. The strategic location within Western Maryland's premier outlet center provides excellent visibility and consistent foot traffic from both local residents and visiting shoppers.
Key Financial Highlights:
- Annual Revenue: $190,000
- Established customer base with consistent revenue streams
- Proven operational model ready for immediate takeover
Operational Advantages:
- Prime location in high-traffic outlet shopping center
- Established food service operation with documented revenue history
- Immediate ownership transition capability
- Significant growth potential through menu expansion and operational enhancements
- Leased real estate arrangement provides operational flexibility
Growth Opportunities:
The new owner will inherit a stable foundation with substantial room for expansion. Opportunities include menu diversification, enhanced marketing initiatives, extended operating hours, and potential catering services to capitalize on the established brand recognition.
This restaurant represents an ideal entry point into the food service industry or an excellent addition to an existing hospitality portfolio. The combination of established operations, consistent revenue performance, and attractive pricing creates a compelling investment opportunity in Maryland's thriving Washington County market.
Perfect for entrepreneurs ready to be their own boss in the dynamic restaurant industry.
Feast provides a great opportunity for someone who would love to own their own restaurant.
For a few years I have lived a few hours away from this business and run it as a more or less absentee-owner with a manager. However if you prefer immediate income as an owner-operator, the past few years I have spent around 35-42K paying a full time manager at $24 an hour. Manager pay could immediately be diverted to pay yourself as the owner-operator, or the current management structure could be kept in place as you grow the business.
In addition to the current cashflow, there is room for growth in delivery services (currently at only 4%) as well as social media and advertising.
With a small capital outlay and seller financing you can start your dream of owning your own business. You would also acquire valuable equipment with a replacement value of $130K and inventory of about $3K.
Established Restaurant in Western Maryland's Favorite Outlet Center
This turnkey American restaurant presents an exceptional opportunity for an entrepreneur seeking immediate ownership of a profitable food service business. Located in a popular outlet shopping center in Hagerstown, MD, this established operation has built a loyal customer base.
Business Overview:
Operating continuously for over one year, this restaurant has proven its viability in the competitive food service market. The strategic location within Western Maryland's premier outlet center provides excellent visibility and consistent foot traffic from both local residents and visiting shoppers.
Key Financial Highlights:
- Annual Revenue: $190,000
- Established customer base with consistent revenue streams
- Proven operational model ready for immediate takeover
Operational Advantages:
- Prime location in high-traffic outlet shopping center
- Established food service operation with documented revenue history
- Immediate ownership transition capability
- Significant growth potential through menu expansion and operational enhancements
- Leased real estate arrangement provides operational flexibility
Growth Opportunities:
The new owner will inherit a stable foundation with substantial room for expansion. Opportunities include menu diversification, enhanced marketing initiatives, extended operating hours, and potential catering services to capitalize on the established brand recognition.
This restaurant represents an ideal entry point into the food service industry or an excellent addition to an existing hospitality portfolio. The combination of established operations, consistent revenue performance, and attractive pricing creates a compelling investment opportunity in Maryland's thriving Washington County market.
Perfect for entrepreneurs ready to be their own boss in the dynamic restaurant industry.
About the Business
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 700
About the Sale
- Seller Motivation
- been in this business for 30 years and want a change
Listing Info
- ID
- 2393447
- Listing Views
- 1174
Business Location
Listing ID: 2393447 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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