PROFITABLE and Well Run Restaurant for Sale

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Well Run and Profitable Restaurant Available For Sale
Asking Price:
$300,000

Gross Revenue:
$810,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Restaurant locates in a very busy shopping center with several major anchor stores. This profitable, absentee owners and well-run Asian restaurant is for sale because the owners are retiring. Consistently operating at 600K+ in annual revenue. Can grow even more if new owners are willing to do more social media, digital marketing, flyers, etc. GREAT opportunity for experienced restaurant owners or startup. Seller will train. Affluent community.

About the Business

Location:
Olney, Maryland
Year Established:
2010
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
1,970
Rent:
$72,456.60 Per Month
Facilities:
Busy strip shopping center. 1,970 square feet.
Market Outlook/
Competition:
No competition. Asian restaurant in an affluent community.
Growth & Expansion:
Can grow even more by doing more social, digital marketing, flyers, etc.
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About the Sale

Reason For Selling:
Owners are retiring
Training/Support:
Seller is willing to provide 2 weeks to 1 month training.

Listing Info

ID:
1551973
Ad Detail Views:
578

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Business Listed by

Lieu Nguyen

Westgate Business Group, LLC

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Sponsoring Broker:

Vinh Nguyen
Westgate Business Group, LLC
License# Licensed in DC, VA, MD


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