Location,Location... Successful Ethnic Restaurant!

Not Disclosed, DC


Asking Price: Annual Revenue:
$600,000 $812,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Location,Location... Successful Ethnic Restaurant! Broker: Melissa Patel

Quick Facts

Asking Price: $600,000
Annual Revenue: $812,000
Net Profit: Not Disclosed
Cash Flow: $230,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 119354162
Broker Reference #: 18009-716000

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Business Overview:

The location could not be better for this beautiful restaurant that boasts almost $850,000 in revenue and $250,000 SDE. The site lends itself to business lunch crowd, but also the evening dinner crowd. The owners have kept excellent books and records due to their finance background and implementation of a high-tech point of sale system that tracks all sales down to the number of a specific dish being prepared.

The build out of the restaurant is very tasteful, it has a fully licence bar that is separate from the dinner tables. Perfect area where customers can grab a drink while they wait for their table.

No upgrades are necessary, and a new owner can be successful here from day one. The cuisine is spectacular as evident by its 4 star rating on both Yelp and TripAdvisor, and all employees including the Chef will be staying on board.

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Reason for Selling:

Relocating

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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