Business Description
This is a successful, profitable, subs and pizza restaurant that has established in 2010. The business was started in 2010 and has grown to offer selected types of food on the menu which are delicious and easy to execute with gross sales of over $624,000 a year and an annual net income of over $127,000. The restaurant is located inside a JBG-Smith-managed Shopping Center right on Route 15, with a daily traffic count of 82,392.
The restaurant offers selected types of food, including appetizers, chicken wings, cold subs, steak subs, NY-style pizzas, fresh salads, desserts, and bottled/fountain drinks. The restaurant has 7 employees, including 1 full-time general manager, 1 part-time manager, and 1 assistant manager. The current owner is an absentee owner. FF&E is included in the asking price. Inventory is NOT included in the asking price.
Business Highlights:
• Successful Subs and Pizza restaurant in Maryland for sale at $385,000 (including FF&E)
• Established in 2010
• Over $684,000 in annual gross sales
• Approximately $127,000 annual net income
• Absentee Ownership Optional
• Offers selected types of food on the menu that are delicious and easy to execute
• Located inside a JBG-Smith-managed shopping center on MD Route 15
• 1,293 SF Corner unit with $4,644.30 monthly rent (including NNN expense)
• Established Social Media on Instagram and Facebook
• Established Delivery Methods with DoorDash, Uber Eats, and self-delivery
Detailed Information
Location: Frederick County, MD
Real Estate: Leased
Building SF: 1,293
Lease Expiration: N/A
Employees: 7
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The 1,293 SF Restaurant Space is on MD Route 15
Support & Training: The owner and General Manager will provide training for a week and up to 30 days if necessary.
Reason for Selling: Owner Moved Overseas