Profitable Iconic Delaware Seafood Restaurant & Takeout
New Castle, Delaware
This iconic Delaware seafood restaurant, accompanied by an additional takeout seafood/bbq spot, is now available for sale. Established over 70 years ago, this well-loved establishment has built a stellar reputation for serving fresh, high-quality seafood, including renowned fried fish and crab cakes. Located in a prime area with high visibility and foot traffic, it attracts a loyal customer base and new patrons alike. The business features a welcoming atmosphere, excellent customer service, and strong community ties, making it a staple in the local dining scene. With a proven track record of success and significant growth potential, this is an exceptional opportunity for investors or restaurateurs looking to own a piece of culinary history and continue a legacy of excellence.

Listing Number:

23867

Category:

Food - Restaurant

Location:

New Castle, Delaware
$1,250,000

Financial Information:

Gross Revenue:

$1,623,207

Listed Price:

$1,250,000

Down Payment:

$0

Total Income:

$382,246

Year Established:

1953

Lease Information:

Square Feet:

2400

Total Rent:

$7,024

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$175,000

Equipment / Fixtures:

$0

Inventory:

$30,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

11

Part-Time Employees:

3

Special Licence Required:

N/A

Contract Staff:

0

Training Period:

8 weeks

Reason for Selling:

Retirement

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Tom Martin
Office: | Cell: (267) 496-0976
License #: RS334438
Request Listing Info and Start NDA Process

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Profitable Iconic Delaware Seafood Restaurant & Takeout
New Castle, Delaware

Listing Number:

23867

Category:

Food - Restaurant

Location:

New Castle, Delaware

Listed Price:

$1,250,000
brokerPhoto
Tom Martin
Office: | Cell: (267) 496-0976
License #: RS334438
This iconic Delaware seafood restaurant, accompanied by an additional takeout seafood/bbq spot, is now available for sale. Established over 70 years ago, this well-loved establishment has built a stellar reputation for serving fresh, high-quality seafood, including renowned fried fish and crab cakes. Located in a prime area with high visibility and foot traffic, it attracts a loyal customer base and new patrons alike. The business features a welcoming atmosphere, excellent customer service, and strong community ties, making it a staple in the local dining scene. With a proven track record of success and significant growth potential, this is an exceptional opportunity for investors or restaurateurs looking to own a piece of culinary history and continue a legacy of excellence.

Financial Information

Gross Revenue:

$1,623,207

Listed Price:

$1,250,000

Down Payment:

$0

Total Income:

$382,246

Year Established:

1953

Lease Information

Square Feet:

2400

Total Rent:

$7,024

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$175,000

Equipment / Fixtures:

$0

Inventory:

$30,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

11

Part-Time Employees:

3

Special License Required:

N/A

Contract Staff:

0

Training Period:

8 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

Share by: