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Restaurant & Bar For Sale

Bethesda, Maryland, United States
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Asking Price$865,000
Revenue$2,740,853 Established1985
Cash Flow$350,000 Employees30 full, 13 part
FF&E$350,000* FranchiseNo
Inventory$30,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is one of the most successful and attractive restaurants with unique menu and long history. It is nicely located in on of the most influential area of Montgomery County. The company has over 28 years successful history with loyal customers, some of them enjoy dinning few times a week at this gorgeous restaurant. The business has an impressive decor, delicious food, excellent customer service, and romantic ambiance. Many well known, high figure, popular and high profile individuals have patronized this restaurant. This facility is surrounded by several large coorporation and fortune 500 companies; in many occasions they hold their meeting and gathering at this restaurant. Business has ABC Liquor license and its beautiful sport bar is well designed and attractice. Business has around 200 inside seatings and about 30 outdoor seatings.

Required Licenses: General, Health permit, ABC

Real Estate Number: 623381
Competition:While there are several other restaurants in the area none has a unique menu and reputation of this restaurant. Also loyal customers from many years ago never quit dinning at this facility. Majority of them have introduced this attractive cousine to their new generation.
Growth Potential:Even though the management has provided some catering but they strongly believe catering segment of business has a great potential to grow revenue and bottom line. New owner with more marketing may grow this business to new level.
Training/Support:All employees are well trained and in place. Owner is willing to provide support and training to new owner during transition period with mutually agreed term.
Seller Financing:Seller might negotiate partial financing with qualified buyer.
Sale Reason:Retirement
Ad #123451
Seller Reference #MONTGMD006-N363
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Contact This Seller
Mike Zarinbaksh
(301) 215-9288
Email Address