Casual Waterfront Dining For Sale With Real Estate
Location Maryland,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1551193
Net Profit / Cash Flow $353872
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 35 - 49
Inventory 225000
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Owned
Training Will train for 2 weeks at no cost.
Reason for Sale Retirement.
Description ''A local Maryland gem'' this well-established casual waterfront restaurant is know for serving incredible crab cakes, steaks, fresh seafood and even great burgers and sandwiches. Family owned and operated since 1996, the current owners have tried to exceed customer expectations by using the freshest ingredients possible. They have build a loyal local following, and draw plenty of travelers from the Washington, DC and Virginia areas for their lunch, dinner or Sunday brunch. This establishment has won Runner Up from The Capitol newspaper for *best crab cake, best seafood, best brunch, best cream of crab and best buffet. They have also been named ''Best of Annapolis 2008'' by What's Up Magazine for their Cream of Crab, Crab Cake and for their wait staff. Additionally, the property features slip rentals and overnight docking for transient diners, on/off liquor sales, carry out and sodas, beer and Ice. There is electric hook up at the marina slips and their are several shallow slips available for rent seasonally for small boats. New owner may choose to dredge marina and increase seasonal boat docking availability.
Selling price $2,750,000. For more information please email or contact Jennifer Murphy at 301-718-3410.
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