High Demand Location-Turnkey Restaurant For Sale
www.GlobalBX.com
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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