Italian Family Restaurant – Howard County, Maryland - Columbia, Maryland

Listing Number: 3005
Asking Price: $525,000
Cash Flow: $200,000

This well known Italian Restaurant and full service bar is part of a small regional chain but not a franchise. The owner has decided to sell this specific location in Howard County, Maryland to allow them to concentrate on restaurants closer to where the most units are concentrated. This very successful chain has been operating in central Maryland for over 15 years and has built a very loyal clientele by providing good Italian foods made from fresh ingredients, at reasonable prices, with great service. Over the past 5 years the owners have invested hundreds of thousands of dollars on improvements, build outs and furniture, fixtures and equipment. For more information about this great opportunity you can contact Broker Phil Blum at 301-938-6468. You will be required to complete and submit a confidentiality agreement and provide some information to show that you have the financial resources to be considered to be a viable purchaser before being given any confidential information.

Listing Headline: Profitable Italian Restaurant - Balt./Wash. Area
Gross Income: $1,400,000
Seller Financing Available: No
Building Size: 5034 sf, seats 170
Rent: $21,000
Number of Employees: 40
Monthly Payroll: $29,000
Inventory Included: No
Inventory Value: $13,000
Narrative: 13000

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