Restaurant & Deli In Annapolis For Sale

Business description

Cafe styled deli for sale in Annapolis. Prime location, excellent 10 year lease, good parking, excellent equipment and decor. Ideal opportunity for skilled owner operator desiring the aquisition of an operating business with great potential to expand business. Large affluent population in the immediate trade area. Purchase an ongoing business for less than start up cost. Principals only.

Property information

Real Estate:

Lease

Lease terms:

To be disclosed to qualified buyer

Location:

Prime strip center office building location. Easy ingress and egress with plenty of parking. The center is busy 7 days a week from 8 AM until 9 PM.

Other information

Expansion potential:

This location has a large customer base within a 1/2 mile radius. Many potential customers are untapped as this area is growing very quickly. It is near every main business area in Annapolis. There are many affluent neighborhoods within a 1 mile radius. Easy ingress and egress and lots of free parking. Business could easily expand into catering, special events (Annapolis has many), and wholesale production of specialty items needed by other retailers. Kitchen has high production capabilities. Expansion of the pizza business has lots of potential as well.

Competition / Market:

There are a number of restaurants in Annapolis however this location is near many residential areas and every business location in Annapolis.

Support & training:

Owner will assist with transition however operator must be experienced, highly skilled and qualified.

Reasons for selling:

Illness and family matters

Trading hours:

7 - 7

Financing available:

Some financing to qualified buyer.

Furniture / Fixtures value:

$148,000 (included in the asking price)

Inventory / Stock value:

$2,200 (included in the asking price)