High Volume Seafood Restaurant in New Castle County

Asking Price$1,750,000

Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,300,000

InventoryNot Disclosed

FF&ENot Disclosed

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High Volume Seafood Restaurant in New Castle County


Asking Price$1,750,000

Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This restaurant was established in 2020 and has a great following for its menu options, scenic area including dining on the outside patio and vibrant nightlife. It has a full service alcohol beverage license including Sunday and patio. The building is 5,000 sf +/-. Interested buyers must complete a LMT Commercial Realty NDA. Liquor licenses may be transferred to a "qualified buyer".
About the Business
Years in Operation
5
Facilities & Assets
Location offers ample parking, liquor license is transferrable, commercial kitchen and large bar and dining room. Outdoor seating and a "bar trailer" make for great live music potential.
Market Outlook / Competition
There are similar restaurants in the area but this particular restaurant has award winning menu options that set it apart from the crowd.
Opportunities for Growth
Currently seasonal, could expand to year round.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
About the Sale
Seller Motivation
Retirement and Health
Transition Support
Seller will assist in the transaction to ensure a smooth transition.
Listing Info
ID
2007081
Listing Views
1614
Attached DocumentsAttachment Disclaimer

NDA 2022.doc


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Business Listed by: Joseph Latina LMT Commercial Realty, LLC

Listing ID: 2007081 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.