Owner absentee pizza/Italian restaurant/E2 Visa eligible

Baltimore, MD
Baltimore, MD
Baltimore, MD

Owner absentee pizza/Italian restaurant/E2 Visa eligible

Rare opportunity to purchase a profitable and established Italian Restaurant & Pizzeria, the only Italian restaurant servings busy residential community in the north of Baltimore county.. The business has been running for nearly 11 years, All of the equipment is in great condition. With Great consistent Reviews on all platforms The owner absentee restaurant has another great potential for earning for owner operator to earn more money plus approved opportunity to use a big outdoor sunny area as patio just approved by the landlord and included in the new rent agreement with no extra charge. If you need to use part of the dine in space for another business to add more growth UPS store maybe your opportunity here.



Location

Country:

USA

State or Province:

MD","MD

City:

Baltimore

Location Zip or Postal Code:

21071

Listing Information

Service Type:

Sit-Down Table Service, Counter Service/Fast Casual, Drive Thru, Catering

Title of Listing:

Owner absentee pizza/Italian restaurant/E2 Visa eligible

Year Established:

2011

Number of Locations:

1

Number of Seats:

51-150

Size:

3200, Square Feet

Patio:

No

Number of Employees:

Less than 10

Hours of Operation:

11AM -10 PM. Friday/Saturday 11AM - 9 PM. Sunday- Thursday

Growth or Expansion Opportunities:

Possible add outdoor patio and UPS store included in same rent as approved by landlord and UPS .

Reason for Selling:

Relocating

Owner Operated or Absentee Owner or Flexible:

Absentee Owner

Training Provided:

Yes

Financial Details

Asking Price:

$225K

Gross Revenue:

650K

Gross Revenue Range:

$500,000-$1,000,000

EBITDA Range:

$100,000-$300,000

SDE (Sellers Discretionary Earnings):

$125K

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment):

100K

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$6000

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

4 years

Total Monthly Rent:

$5000 including CAM

Contact Listing Owner