Restaurants & Food
Established Seafood Restaurant with Prime Location in New Castle County, DE
Delaware (DE)
$450,000
Asking Price
$96,304
Cash Flow
$974,622
Gross Revenue
N/A
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
Since the 1950s, this iconic seafood restaurant in New Castle County, Delaware, has been a local favorite known for its fresh food and signature seafood dishes. Situated in a high traffic area, the restaurant has built a strong reputation and loyal customer base over the years, presenting a rare opportunity to own a well-known dining destination.
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