-- Confidential Business Abstract --


Business USA makes no warranty or representation of any kind, whatsoever, as to the truth, accuracy or completeness of all or any portion of any of the Materials provided by Seller; and that, Buyer shall rely upon the Materials at its own risk, without recourse to Business USA. Business USA also recommends that all Sellers and Buyers retain their own financial and legal counsel to assist each party throughout any transaction.
Broker Of Record: Sold
Listing Number: 8893
Type: Restaurant
Country: USA
State: MD
County: Montgomery
Reason for Sale: Other Business Interests
Building Size: 2250 Sq. Ft
Rent/Lease: Rent: $17,250/month
Gross Annual Sales: $ 1,650,000.00
Owner's Net: $ 200,000.00
Price: $ 0.00

* Great location off Rockville Pike. * This restaurant is a fast casual seafood franchise. * Just like every restaurant during 2020, this franchise also saw drop in sales due to County imposed COVID-19 restrictions. * 2021 Sales are trending upwards and are expected to recover to 2019 level by end of the year. * Franchisor charges a royalty of 4% and an advertising fee of 1.5%. * 10 year lease with one 5 year option. * Qualified buyer must show proof of funds.

Casual dining franchise off Rockville Pike; Net:$200K



Important Notes:
  • Asking Price does not include the inventory unless mentioned
  • Shown by appointment only
  • Interested buyer must show funds availability prior to site visit