TurnKey Restaurant and Bar with additional National Pizza Franchise
| Asking Price: | $350,000 |
| Gross Revenue: | $1,500,000 |
| Rent: | $14,083/Month |
| FF&E: | $550,000 |
| Cash Flow: | $210,000 |
| Inventory: | $20,000 |
| EBITDA: | $55,000 |
| Established Year: | 2016 |
Two establishments in One
Located in the charming town of Berlin, Maryland, this 150-seat turn key restaurant and bar offers a welcoming and vibrant dining experience. Providing two businesses in one, the unlimited potential for growth makes this business opportunity the perfect venture for the entrepreneur in you.
The first business in Fox’s pizza that has been in operation for 6 years and has a loyal customer base, proven sales record and a quality national brand with over 200 locations with a low franchise fee of only $300/month, no percentage fees, and a friendly franchise model with very few rules and restrictions. This location attracts not only the 24,000+ year-round local clientele but also those 350,000+ weekly visitors to Ocean City in the summer season. Unlock limitless increased revenue with Carryout and delivery with Slice and Door Dash integrated systems. Large span of deliveries encompassing Ocean Pines, Berlin, and West Ocean City.
The location sits on Route 50 at a lighted intersection crossing 589(Racetrack Road) promoting constant traffic exposure for the venue with an avg. traffic count of 32,800 cars per day. Within the inter parcel connector of high-volume operations such as Home Depot and Walmart, this eye-catching exposure is highly valued.
The interior combines rustic charm with modern touches, featuring warm lighting, and a dual kitchen that allows for seamless operations of the pizza shop and the restaurant to operate under separate hood systems and equipment. Turn Key FF&E includes everything you need to operate from day one. Enjoy the extra-large kitchen with walk-in cooler and freezer for the restaurant and separate dedicated bar walk-in to not crowd your space.
Smashed Bar & Grill a Gastropub & Burger Bar boasts seating arranged to accommodate both intimate dinners and larger gatherings, with a mix of booths, communal tables and bar seating. A 20-seat bar with approximately 40 addition “bar area” seats and 8 televisions perfect for gameday specials. 16 taps are highlighted by the dedicated walk-in cooler located directly behind the tap wall, ensuring a large capacity of a fresh cold draft selections to cater to all demographics. A modern bar layout with extra open space for staff on those busy days, or space needed for craft cocktails and specialty drinks. A full 7-day liquor beer and wine license comes with the establishment. The fully Integrated 6 terminal POS system makes those busy days a breeze.
The restaurant, somewhat of a blank canvas to make your own to unlock your creative potential and increase profits in the future. Currently offering a diverse menu, including fresh salads, handhelds, burgers, pizza, and appetizers, catering to both pizza lovers and those seeking a broader culinary experience. Perfect for families, friends, and food enthusiasts, this restaurant is a true gem in Berlin’s dining scene.
BUSINESS LOCATION
