A unique brand with returning customers. Short workdays with no nights, weekends or alcohol. Customers love our home made food, employees and environment.
State or Province:
Beltsville and Annapolis Junction, MD
Location Zip or Postal Code:
20705 and 20701
Counter Service/Fast Casual
Title of Listing:
Deli emerging as a local chain
Number of Locations:
Number of Seats:
1500, 2600, Square Feet
Number of Employees:
Less than 10
Hours of Operation:
Both restaurants open 7:00 am to 3:00 pm Monday through Friday. No nights or weekends.
Growth or Expansion Opportunities:
Social media and online ordering not yet established and can offer serious additional returns.
Reason for Selling:
Owner health deteriorating.
Owner Operated or Absentee Owner or Flexible:
Will exceed !1M for 2019
Gross Revenue Range:
EBITDA (Earnings before Income, Taxes and Depreciation):
SDE (Sellers Discretionary Earnings):
FF&E Value (Furniture Fixtures and Equipment):
$60K and $100K
FF&E Value (Furniture Fixtures and Equipment) included in price:
Inventory Estimated Value:
$1K and $3K
Inventory Value included in price?:
Asset or Share Sale:
Real Estate Owned or Leased:
Lease Term Remaining:
4 years, 7 years
Total Monthly Rent:
$3000 and $2000
Financial Comments (include any Financing information that may be useful):
Owner to stay on for 30 days to assist transition.