Ethiopian Restaurant and Specialty Store

Asking Price$400,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,785,691

Inventory$5,000
Not included in asking price
FF&E$100,000
Included in asking price
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Ethiopian Restaurant and Specialty Store


Asking Price$400,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,785,691

Inventory$5,000
Not included in asking price
FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
Ethiopian Restaurant and Specialty Store

Authentic freshly prepared Ethiopian food for takeout or eat-in. Convenient downtown Silver Spring location walking distance to Metro. Includes a high-volume convenience store, with specialty groceries well known in the DC-area Ethiopian American community, operating for over 15 years. Services include money transfers (Western Union).

Experienced staff in place, both for the retail operation and the food preparation. The owners are not able to work there anymore and would love to find an owner-operator to take over the business and continue its longstanding success. Perfect for a family owned and operated business.

Beer and wine on-premises license.

Lease includes a five-year renewal option. Outdoor seating possible.

All reasonable offers considered.
About the Business
Years in Operation
15
Employees
5
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,300
Rent
$6,800 per month
Lease Expiration
5/30/2031
About the Sale
Seller Motivation
Family priorities change
Transition Support
2 Weeks
Financing Options
Financing Amount $40.000,00 ROI 9% Terms Months 120 Monthly Payment $506,70
Listing Info
ID
2546648
Listing Views

Listing ID: 2546648 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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