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Listed by:

Armen Nazarian Business Brokers

Award-Winning Franchise Steakhouse, Bar And Grill In Hagerstown For Sale

Hagerstown, Maryland, US
Asking Price:
$65,000
Sales Revenue:
$3,213,827
Cash Flow:
Not applicable

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 with a cost over $3M to build out, 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. The menu consists of Appetizers, Fresh Salads, Burgers, Handhelds, Entrees, Steaks, Desserts and more. This was a corporate run restaurant and looking for a new franchisee…a new owner/operator with some creative advertising/marketing, along with 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! A steal at $65,000!

  • Build-out was in excess of $3M!
  • Business is currently closed!

Property Information

Real Estate:

Lease

Premises Details:

Established in 2019, this Steakhouse with a cost over $3M to build out, 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!

Size in square feet:
7,000

Business Operation

Expansion Potential:

This was a corporate-run restaurant and looking for a new franchisee. A new owner/operator with some creative advertising/marketing, along with offering daily specials, drinks specials, customer appreciation, and joining the Chamber of Commerce, has 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!

Reasons for selling:

Corporate Store

Years established:
7

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will train