Restaurant Turn Key Opportunity - Busy Location - Rare Availability

Silver Spring, MD (Montgomery County)

Restaurant Turn Key Opportunity - Busy Location - Rare Availability

Asking Price:$250,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2004

Restaurant Turn Key Opportunity - Busy Location - Rare Availability

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Business Description

Ideal for Ethnic, Fast Food, Bakery, BBQ, Cafe or your creative idea

***Contact Kathy ONLY if you are a serious buyer with proof of finance***
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 - Washington Adventist Hospital began construction in January 2016 to relocate to a $331 million facility in White Oak, Maryland.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,713
Lease Expiration:
6/7/2019
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
Financing:
Negotiable
Support & Training:
Available if needed
Reason for Selling:
Family inheritance

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Business Listed By:
Kathy Fowler

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