Italian Restaurant-35 Years in Business-Prime Bethesda location

Bethesda, MD (Montgomery County)

Italian Restaurant-35 Years in Business-Prime Bethesda location
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Asking Price: Get Financing: $199,000

Cash Flow: $100,500

Gross Revenue: $750,000

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Lease Rate: $6,600 /SF/Month

Established: N/A

Italian Restaurant-35 Years in Business-Prime Bethesda location

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Business Description

Known as the "Biggest Small Restaurant in Bethesda" This old fashioned Italian restaurant has been in business for over 30 years. Also beautiful setting for both private and semi-private parties.

Detailed Information

Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In business for over 30 years. 2 Previous owners all have been succesful.
Competition:
Grandfathered zoning allows for up to 130 seats. Not currently given to food establishments in the area.
Growth & Expansion:
Many residential developments on the way. High traffic area continues to grow.
Support & Training:
2 weeks
Reason for Selling:
retiring
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Contact the Seller

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Michael Konstantopoulos

Business Listed By:
Michael Konstantopoulos

Transworld Business Advisors of Chevy Chase

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Sponsoring Broker:
Erik Woodworth, CFA

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