File Number-#0761 | Location-Hagerstown, MD | Gross Sales-$3,213,827 | Cash Flow-TBD | Business Price-$199,000 | Down Payment-$99,000 | Monthly Payment-$2,027.64 | Interest Rate/Amortization-8% int., amortized over 60 months | License Required-Food, Class C, Franchise | Inventory Value-$25,000 | Employees Full Time-40 | Employees Part Time-15 | Date Established-2019 | Hours of Operation-Mon-Thu 12pm-9pm / Fri-Sat 12pm-10pm / Sun 12pm-6pm | Rent-$15,080 Gross | Lease Period-New Lease Required | Reason for Sale-Corporate Store
HOT ROCK COOKING IS THE NEWEST PHENOMENON IN THE CULINARY WORLD!! This is a great opportunity to own an award-winning Franchise Steakhouse in Hagerstown, MD. Established in 2019, this Steakhouse is located on a prime highly traveled road at a major mall, and plenty of residential and commercial properties with national anchors in the surrounding areas. Specializing in steaks served and cooked to perfection by the customer, on a 755-degree volcanic sizzling rock just the way they like it making it a memorable dining experience. Loyal and established customer base enjoy the warm & inviting atmosphere with a sophisticated feel! Lively bar area with a wide selection of drinks! All equipment is in great working order and serviced regularly. Menu consist of Appetizers, Fresh Salads, Burgers, Handhelds, Entrees, Steaks, Desserts and more. This is a corporate run restaurant…a new owner/operator with some creative advertising/market along offering daily specials, drinks specials, customer appreciation and joining the Chamber of Commerce, you have HUGE potential. This restaurant has so much more growth potential for the right operator and does not disappoint! A must see/must have business priced aggressively to sell! Turn-key operation only needing a new owner/operator!
*Build-out was in excess of $1.8M!
