Caribbean / American Restaurant, Ice Cream & Grocery

Listing ID: 700265581

Listing Title: Caribbean / American Restaurant, Ice Cream & Grocery

Quick Link:

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Maryland


City: Montgomery County

Asking Price Range: < $250K

Gross Revenues: $400,000

Cash Flow: $70,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2004

Number of Employees: 4 - 5

Business Description:
Asking price $249,000 Net lease investment with 3 yrs left on lease plus a 5 yr option ***Serious buyers ONLY - must show proof of finance*** Contact Kathy Fowler at (301) 237-1838 Turn key includes all furniture, fixtures, and equipments; Walk-in refrigerator/freezer, 12 range stove, hood, steam tables, prep refrigerator, 3-compartment sink, Ice-cream dipping cabinet/display, bakery refrigerated display case, grocery display/shelving units, and many more - Everything is in good condition. Owner has profited at this location for over 12 years. Currently the only Ethnic Restaurant in the area with a menu consisting of Caribbean & American cuisine and baked goods. Includes a designated area for serving ice-cream dips and grocery products - rare availability in this shopping center - more residential and commercial developments underway SUCCESSFUL LOCATION! Turn Key Restaurant located in a busy shopping center with strong visibility, ample parking. In a secure location, surrounded by major market generators; government headquarters (over 9000 people), retail businesses, office buildings as well as hospitals, schools, religious institutions, recreational centers, and residential homes - Heavy pedestrian and vehicular traffic - Diverse population.

« Close this window »