Thai Restaurant With Full Bar Liquor License In Hagerstown For Sale

Description

The restaurant name is Silk Thai Restaurant, located at 1580 Wesel Boulevard in Hagerstown, Maryland 21740. It has one hundred seats. Rent is eight thousand dollars per month, including common area maintenance. Average monthly sales range between sixty five thousand and seventy five thousand dollars. The lease is for five years with an optional five year renewal. The size is three thousand five hundred seventy square feet. The reason for sale is retirement. A full bar liquor license is included. The business qualifies for an E2 Investor Visa. The annual projection shows gross sales of seven hundred eighty thousand dollars, rent of ninety six thousand dollars, cost of goods sold of two hundred seventy three thousand dollars, payroll of one hundred ninety two thousand dollars, other overheads of eighteen thousand dollars, and net income of two hundred one thousand dollars. The cap rate return on investment is eighty point four zero percent. The ad number is two three three five four six eight.