Property profile

000 In Earnings At This Salisbury Maryland Franchise For Sale Salisbury, MD 21801

OFF-MARKET
Retail properties & Spaces
2,500 SF Built 2015
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Property summary

AI-generated overview

This established Salisbury, Maryland restaurant franchise presents a compelling investment opportunity. Boasting 2,500 square feet of space, this turnkey operation is projected to achieve $1.1 million in net sales by the end of 2023, generating a substantial owner-operator income of $146,000. The business benefits from a fully staffed team, ensuring a smooth transition for the new owner. Financial records are available for verification. SBA lending is a viable option, requiring only a 20% down payment. The current lease, encompassing base rent and CAM charges totaling $9,273.09 per month, extends until July 31, 2025, with options for renewal to be determined. The restaurant features extensive equipment including a hood system, walk-in cooler, multiple refrigerators, grills, fryers, and ample seating for 68 patrons (12 booths, 1 banquette, tables, chairs, and stools). The sale includes the established brand, processes, and systems, along with a $10,000 transfer fee covering comprehensive training and ongoing support from the franchisor. A 5% royalty fee and a 4% marketing charge are associated with the franchise agreement. The seller is retiring, presenting a unique opportunity for a new owner to capitalize on this successful, long-established business within the community. The restaurant has 20 employees. The business is a franchise, not an asset sale.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2015
Total area 2,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

000 In Earnings At This Salisbury Maryland Franchise For Sale Salisbury, MD 21801
Salisbury metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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