Hot ListingFully Equipped And Licensed Pizza Restaurant

Ocean City, Maryland, ID 284179

Hot ListingFully Equipped And Licensed Pizza Restaurant 1
Hot ListingFully Equipped And Licensed Pizza Restaurant 1
Asking price:
On request
Owner
Private Person

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Description

Pizza restaurant for sale in Ocean City, Maryland.

The space is approximately 1,000 sq. ft. with seating for 12 indoors and 6 outdoors.

Deal terms

  • Asking price: $275,000
  • Monthly rent: approximately $2,500
  • Lease runs through 2036
  • Seller financing may be available with 50% down over 60 months

The seller reports more than $300,000 invested in the restaurant buildout.

The kitchen includes a high-volume hood system along with the equipment needed for the current pizza operation.

The business is located in a tourist-heavy part of Ocean City and already has an existing customer base. Delivery is another current or potential sales channel depending on the buyer’s operating plan.

The seller states that the restaurant is fully licensed and currently ready to operate. Buyers should confirm all licenses, permits and transfer requirements before closing.

Financial statements are available to qualified buyers.

Buyers should verify historical sales, seasonality, food and labor costs, lease terms, outdoor seating rights, equipment ownership, delivery-platform fees, seller-financing terms and any required licenses or landlord approvals during due diligence.

Details

Real Estate: Lease
Reason for selling: Pursuing other opportunities
Support from seller: Consultancy available
Square m2: 304

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