MergerPlace

Wings and Subs Carryout

Maryland (Baltimore City)


  • Asking Price: $500,000
  • Gross Income: $870,442
  • Cash Flow: $225,622
  • Real Estate: Not Disclosed
  • Inventory: $7,000
  • FF&E: $30,000
  • Listing ID: #207001
  • Established: 2011
  • Employees: 5 FT/ 2 PT

Business Description

The financials are what is reported on the owner's tax returns. This is a highly profitable subs and wings carryout located in the western area of Baltimore City. This is a carry-out only business which serves approximately 220 customers per day. The owner has a full-time manager in place and the owner works approximately 25 hours a week. The owner currently takes care of the company finances and placing orders with food suppliers.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Maryland
County: Baltimore City

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT/ 2 PT

Financial Information

Asking Price: $500,000
Gross Revenue: $870,442
Cash Flow: $225,622
FF&E: $30,000
Inventory: $7,000
Seller Financing Available: Yes

Property Information

Facilities:

This business is located in a business shopping center on a major roadway. The location is 1,968 square feet and current rent is $3800 per month.

Growth & expansion opportunities:

A new owner could increase business by just doing minimal advertising and marketing to the immediate area. A new owner could also open on Sunday and expand the menu to include breakfast and pizza.

Competition:

Average competition with other restaurants in the immediate area.

Reason for selling:

Pursuing other business ventures.

Support & Training:

Will train for 4 weeks @ no cost. No special skills are required. Restaurant/Traders License, Water Discharge Permit, Food Service Facility Permit are required to operate the business.

Contact Business Seller

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Business Listed By:

Justin Sandridge

Murphy Business Brokers