Spectacular High End Restaurant for Sale

Chevy Chase, MD
Montgomery County


Asking Price: Annual Revenue:
$305,000 $928,465

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Spectacular High End Restaurant for Sale Broker: Robin Gagnon

Quick Facts

Asking Price: $305,000
Annual Revenue: $928,465
Net Profit: $47,710
Cash Flow: $122,137
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 12
BBN Listing #: 24348096
Broker Reference #: 7351

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Business Overview:

Buy this wildly popular and profitable restaurant for sale and take home over $120,000 a year on sales over $925,000. This super-wealthy town just outside of Washington DC is the perfect location for the sophisticated menu the chef/owner has developed over the last 20 years.

No wonder this restaurant for sale is profitable; with classic décor and elegance this restaurant has been reviewed by some of the top restaurant critics in Washington DC and the results are always spectacular. "Excellent cooking, lovely dining room, great service, validated parking.", "Amazing food, amazing ambiance, amazing customer service and amazing owners".

Since opening this restaurant for sale presented by We Sell Restaurants has been included in Washingtonian Magazine's 100 Very Best Restaurants and rated very good to excellent by Zagat. It has also been mentioned nationally in Gourmet Magazine, Bethesda Magazine and received favorable reviews from The Washington Post, Washington Times, The Gazette, Washington Diplomat and other local newspapers. The chef and the staff’s professionalism, attention to detail and hard work will make your dining experience delightful.

Rent is $8,871 and includes electricity, water and all CAMS for this 3,846 square foot space. The lease doesn’t expire until June 2024. With eleven full-time employees and one part-time employee, customers have been treated like royalty for 20 years that this restaurant for sale has been in business.

All this with limited hours this restaurant for sale is open for lunch Monday through Friday from 11:30AM to 2PM and for dinner from 5:30PM to 9PM. Open on Saturday from 5:30PM to 10PM and Sunday from 5PM to 9PM.

The Census Bureau reports that “at least 50% of the households have income of at least $250,000” in Chevy Chase Maryland. And this restaurant for sale sits in the middle of hundreds of homes and businesses which it has been serving for 20 years.

Patrons often spend between 1.5 to 3 hours enjoying the incredible cuisine, the extensive wine list and full bar, the extraordinary service from well-groomed servers, and the lovely atmosphere of this restaurant for sale.

This restaurant for sale is a food lover’s dream come true. Now you can own one of the most prestigious restaurants in the Washington DC area and continue a tradition of high profits, memorable meals, extraordinary service in a spectacular location. Come and check it out today!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

14 foot Hood with 6 stainless steel vent filters - landlords 1 Vulcan 6 burner range with split cast iron and 2 ovens 1 Superior Vulcan 6 burner range with convection oven, back splash and plate shelf 1 Sir Lawrence LG400 Fryer 3 Food warmers Line 1 Hot food table with cutting board 2 Microwave 1 True sandwich/salad table with double eye level shelves 1 True swing glass double door refrigerator 1 True 2 door solid freezer 1 True 1 door solid freezer 1 True 1 door solid refrigerator 1 Undercounter refrigerator with 2 doors 1 Artic air refrigerator 2 GE single door refrigerator 1 Koolaire Ice Machine 2 Walk In coolers with heavy duty wire shelving - landlords 1 Kelvinator ice cream freezer with dipperwells 1 Waring Commercial table top mixer 7Qt 1 Hobart mixer 60Qt 1 Waring Commercial 14 Immersion blender 1 Haf Gallon blender 1 Sir Lawrence slicer 1 Bunn coffe Commercial grinder 1 Espresso beans grinder 1 Single head pour over brewer 1 Rancilio S26 Expresso machine 2 Glass line airpots 2 Smooth stainless steel coffee pots 3 Smooth stainless steel ice tea pots 4 Smooth stailesssteel water pitcher 12 Stainless steel tea pot with hinged lip 12 Stainless steel creamers/pitchers 15 Wicker bread baskets 1 Stainless steel work table 60X27 with single door and duty stainless can opener 1 Stainless stell work table 72X29 1 Stanless stell work table 84X24 1 Heavy duty stainless work table 93X24 with sink 1 Heavy duty stainless work table with 2 open front shelf 58X28 1 Stainless stell work table 23X27 1 Stainless stell work table 24X30 1 Heavy duty work table with 2 sinks bowls 2 Hand sinks 1 DishWasher ADC with prepackaged dishables 1 Heavy duty table with 3 piece sink bowls 14 water level 1 Pre rinse unit with deck mount 1 Heavy duty stainless wall shelving 114X12 1 Heavy duty table with sink edge splash W over dish rack shelving 117X20 Many other items not included in this list Items not included in sale 2 Portuguese flower vases 1 Portuguese flat wall flower vase 5 Portuguese decorative wall plates 1 Portuguese blue Tile mirror 1 Portuguese decorative tile picture 2 Caravel-ships sailing 13 Portuguese hand painted tiles wood wall art 2 Iron wine rack 60 bottles

Market Competition and Expansion:

Up scale Chevy-Chase Community well know n Montgomery County..The new Development of next Door :) 280 Apartments, 65 condominiums, Brownstones 62 Townhomes start $1,55 Million. Direct access to the new Metro " Purple Line".

Reason for Selling:

Moving

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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