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Maryland Business For Sale

  
RESTAURANT- CUBAN


Attn: Jeff Hammond
Montgomery County, MD, USA
Listing Number: "6233-JH"
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Asking Price: $239000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Relocating to another area.
Year Established: 1995
# of Employees: 8
Yearly Cash Flow: $135,924
Yearly Gross Income: $428,527



Business for Sale Overview:
This is a very attractive restaurant with many newspaper and other reviews. It has appeared on at least one of the Washingtonian Magazine Best Of lists. The atmosphere is casual, colorful and pleasant. The restaurant is located on a very heavily traveled road. It draws customers from Rockville, Bethesda and Gaithersburg as well as other areas. It has a reputation for the authenticity and quality of the food. It has received various awards and recognition. This is a profitable, successful restaurant with a very good reputation. It has a beer and wine license. Now it is open Monday through Saturday. At times in the past the restaurant has been open on Sunday, and that additional weekend time open brought with it a significant increase in sales.

Property Features and Assets:
1200 sq.ft nicely located in a great location, business has seating capacity of 48 seatings. Base rent is only $3,100. Value of FF & E is much more than $30,000.

Market Competition and Expansion:
This business offers unique food and it is well known with loyal customer base.


Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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