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New Restaurant: Prime Location, Modern Equipment, High Potential

Frederick County, MD

Seller Financing Available

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Sale Pending
Asking Price:$149,000
Inventory:$5,000
FF&E:$55,845
Gross Revenue:$362,813
Rent:$5,300
Established Year:2022
Listing ID: 2280236Listing provided by BizBuySell
BUSINESS DESCRIPTION

This new restaurant offers a vibrant dining experience with a modern twist on Caribbean cuisine. Located in a bustling area, it features a fully equipped, state-of-the-art kitchen and contemporary dining space. The business is poised for growth with a strong foundation, appealing to food enthusiasts and those looking for a fresh culinary venture. Ideal for an entrepreneur seeking a turn-key opportunity with significant potential to thrive in a popular location. The current owner has made a big investment and it medically retiring in only his second year of business. Really big opportunity here for someone to take a ready-made system and put it to work. The wrapper is barely off of this new gift to the community.

DETAILED INFORMATION
Location
Frederick County, MD
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,765
Lease Expiration
30/10/2027
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This restaurant is strategically located in a thriving strip mall in Frederick, MD, a growing community that values high-quality, locally-owned dining options. The business occupies a 1,765 square foot space, offering an ideal setup for a restaurant of this size, with ample room for both kitchen operations and customer seating. The location’s visibility and accessibility make it a prime spot for attracting both foot traffic and regular patrons from the surrounding neighborhoods. The lease terms are highly favorable, with a Triple Net (NNN) agreement
Competition
The local restaurant market features a variety of cuisines, but few establishments specialize in authentic Caribbean dishes, presenting an opportunity for a niche market. This new restaurant stands out with its unique menu, offering a modern twist on Caribbean flavors. The state-of-the-art kitchen and contemporary dining space provide a superior experience, complemented by a prime location with high foot traffic. Despite the challenges of building brand recognition and potential economic fluctuations impacting dining habits.
Growth & Expansion
This restaurant is equipped with a comprehensive array of brand-new furniture, fixtures, and equipment (FFE), ensuring the business is fully operational and ready for a new owner to take over without the need for any immediate additional investments. The kitchen is the heart of the operation, featuring top-of-the-line culinary equipment designed to deliver consistent, high-quality dishes. Key pieces include a 10-burner gas range, perfect for handling multiple dishes simultaneously, and a robust smoker that imparts the rich, smoky flavors
Financing
Owner Financing Amount $14,700.00 Owner Financing Interest 5% Owner Financing Terms M
Support & Training
2 weeks
Reason for Selling
retirement
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David
Dejewski
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David Dejewski
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