| Asking Price |
$385,000 | Inventory |
$4,000* |
|---|---|---|---|
| Gross Income |
$480,000 | Real Estate |
|
| Cash Flow |
$154,800 | Year Established | 1992 |
| FF&E |
$30,000* | Employees | 3 ft, 6 pt |
* included in the asking price
** not included in the asking price
This is an attractive restaurant with Latin Cuisine. It is located in Silver Spring, Maryland within walking distance of the Silver Spring Metro and in Silver Spring?s busy downtown area. A casual atmosphere and an attractive appearance make this a great place for lunch, dinner or a late evening meal. It is open 7 days a week, and has a full time manager. The new owner would be in a position to work out an arrangement to maintain that full time manager in place. The current owner works in the business less than full time. The new owner could work in the business in order to benefit from potential growth, or the new owner could operate the restaurant as an investment by working in the business less than full time. The restaurant presently serves Latin food to a loyal customer base. However it would be possible to expand or modify the menu or even change the style of the restaurant. The desirable, busy location has great potential for future growth.
Facilities: Established in 1992 with 2,270 SF of space and in a great location, restaurant has 68 seats.
Financing: Negotiable
Support/Training: Owner will train during transition period.
Reason Selling: Retirement

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