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#Business ID: 19349

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Turn Key Restaurant / Bar With Good Lease

Business Location: Silver Spring, Montgomery, Maryland, United States

Asking Price: $ 239,000 Revenue: $ 216,000 Cash Flow: $ 9,916

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

3000SF Rest/Bar-Must See!

A truly nicely built-out 3,000 SF restaurant and bar. Rent around $20/SF. Located in downtown Silver Spring. Could easily be converted to a different concept. Contact Broker for more information.

Facilities: 3,000 SF sit-down restaurant and bar. Dining room can hold up to 90 seats and the bar, 20 seats. Fully equipped kitchen, large hood. Restaurant shows very, very nice. A true turn-key opportunity.

EBITDA: $9,916

Property Details

Years Established:

2012

Property Type:

Lease

FF&E:

$ 150,000

Inventory Value:

$ 500

Other Business Details

Business Location:

Silver Spring, MD (Montgomery County)

Competition:

There are plenty of other restaurants in downtown Silver Spring. There are no new Ethiopian restaurants expected to open anytime soon.

Expansion Potential:

New owner with new ideas along with increased marketing and advertising could improve business a lot. Also, expanding late night hours for entertainment, dancing, etc.

Business Operation Details

Employees:

7

Support & Training:

Yes

Miscellaneous Details

Financing Available:

Yes
To be determined.

Reason For Selling:

Retiring

Contact this seller

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