Established Full-Service Restaurant with Real Estate Option in New Castle County, DE

View Original Listing

Financial Details

Asking Price:
$2,300,000
Annual Revenue:
$3,715,411
Cash Flow / SDE:
$3,715,411
Profit Metric:
Cash Flow (SDE)
Valuation Multiple:
0.6x
Location:
DE, US
Source:
Date:
November 05, 2025

Key Highlights

51-year established, single-owner operation with proven longevity and minimal competition.
Diversified revenue streams including full-service dining, busy year-round takeout, and established catering services.
Significant owned real estate (8,000 sq ft on 1.31 acres) available for separate purchase or lease.

Description

This is a rare opportunity to acquire a highly established, full-service restaurant located in New Castle County, Delaware, operating successfully for 51 years under the same ownership. The business features multiple revenue streams including a full-service dining room seating 200, a separate high-volume takeout entrance, and a robust catering division. The facility spans 8,000 square feet across two buildings on 1.31 acres, complete with 67 parking spots and a full commercial kitchen setup. The seller is retiring and offers comprehensive training, supported by two long-term, capable full-time employees who wish to remain. Crucially, the owner possesses the real estate (valued at $3.36M) and is willing to lease the property or sell it separately from the business asking price of $2.3M.

Industry Information

Industry Description:
Full service restaurant with takeout and catering services.
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1974
Employees:
2
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Owned - Separate Transaction
Real Estate Price:
$3,360,000 USD

Assets & Inventory

FF&E Value:
$168,000 USD
Includes FF&E:
Yes
Includes Inventory:
Yes

Broker Contact

Name:
Domenick Michini
Phone:
302-354-3947

Listing Details

Listing ID:
2ad20f7b-7eeb-43a8-89ce-9fda6a62714d
Source Listing ID:
2406095
Deal Status:
For Sale
Last Updated:
November 05, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified