High Demand Location-Turnkey Restaurant For Sale

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Listing ID: 700271717

Listing Title: High Demand Location-Turnkey Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=271717

Industry: Food and Beverage

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

Country: United States

State / Province: Maryland

Area

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 Restaurant located in a busy shopping center with strong visibility and ample parking. 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. *NEWS UPDATE - Relocating Washington Adventist Hospital - $331 million facility currently under construction near shopping center. *Contact Kathy at (301) 237-1838 ONLY if you are a serious buyer with proof of finance* Facilities: 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 - Net lease investment with 3 years left on lease plus a 5-year option Competition: 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 Growth & Expansion: Add delivery to increase profits - Open on Sunday's to increase profits - Add your menu ideas and products to attract a wider demographic *Contact Kathy at (301) 237-1838 ONLY if you are a serious buyer with proof of finance*



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