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This established Salisbury, Maryland restaurant franchise presents a compelling investment opportunity. Boasting 2,500 square feet of space, this turnkey operation is projected to achieve $1.1 million in net sales by the end of 2023, generating a substantial owner-operator income of $146,000. The business benefits from a fully staffed team, ensuring a smooth transition for the new owner. Financial records are available for verification. SBA lending is a viable option, requiring only a 20% down payment. The current lease, encompassing base rent and CAM charges totaling $9,273.09 per month, extends until July 31, 2025, with options for renewal to be determined. The restaurant features extensive equipment including a hood system, walk-in cooler, multiple refrigerators, grills, fryers, and ample seating for 68 patrons (12 booths, 1 banquette, tables, chairs, and stools). The sale includes the established brand, processes, and systems, along with a $10,000 transfer fee covering comprehensive training and ongoing support from the franchisor. A 5% royalty fee and a 4% marketing charge are associated with the franchise agreement. The seller is retiring, presenting a unique opportunity for a new owner to capitalize on this successful, long-established business within the community. The restaurant has 20 employees. The business is a franchise, not an asset sale.
Highlights
Franchise: Yes
Asset Sale: No
Gross Revenue: $1,158,251.08
Cash Flow: $146,980.25
Real Estate: Leased
Seller Financing: No
Property Details
for 000 In Earnings At This Salisbury Maryland Franchise For Sale
Property type
Other retail properties, Restaurants
Square Feet
2,500 SF
Year Built
2015
Location Insight
City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.4001474
Longitude
-75.632447
000 In Earnings At This Salisbury Maryland Franchise For Sale, Salisbury, Maryland
Nearby Similar for Sale
For Sale
$195,000
Profitable MD Sandwich Franchise
Established eatery, high sales, great price!
Franchise For Sale In Maryland For An Incredible Price!
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000 In Earnings At This Salisbury Maryland Franchise For Sale, Salisbury, Maryland, 21801
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
000 In Earnings At This Salisbury Maryland Franchise For Sale