Ethnic Restaurant In Prime Location

Listing ID: 700268155

Listing Title: Ethnic Restaurant In Prime Location

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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 - $500K

Gross Revenues: $388,000

Cash Flow: $73,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2004

Number of Employees: 1 - 3

Business Description:
Turnkey restaurant in a PRIME location - Asking price $295,000 3 yr lease with 5 yrs option. ***ONLY serious buyers need to inquire - 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. Profitable for over 12 years. Surrounded by major market generators; government headquarters (over 9000 people), retail businesses, office buildings as well as hospitals, schools, religious institutions, and recreational centers. Also located in a dense residential area with three 20 story buildings directly across from the shopping center. Heavy pedestrian and vehicular traffic. Diverse population. 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.

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