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Listed by:

Metropolitan Restaurant Brokerage

Established Silver Spring Restaurant And Bar For Sale

Silver Spring, Maryland, US
Asking Price:
$199,000 Furniture / Fixtures included
Sales Revenue:
$850,000
Cash Flow:
On request

Build on more than two decades of local trading with a Silver Spring restaurant and bar offered at $199,000. Established in 2004, the business generates approximately $850,000 in annual sales and benefits from an existing neighborhood customer base.

The approximately 4,312-square-foot premises provide 124 seats and a spacious, equipped commercial kitchen. The layout offers room for an experienced operator to retain the current offer or introduce a menu suited to their own plans.

Three full-time and four part-time employees support the operation. Monthly rent is $9,616, giving buyers a stated occupancy cost to assess alongside the trading figures and management requirements.

The seller is retiring, and support and training are available. An incoming owner can acquire the furnished premises and equipment together with an established trading presence in the Silver Spring market.

Enquire to discuss the accounts, kitchen facilities and lease arrangements or arrange a confidential viewing. Proof of funds is required for further information.

Property Information

Real Estate:

Lease

Leasehold Rent:

$115,392 per annum

Location:

Silver Spring, Maryland, serving an established neighborhood customer base.

Premises Details:

Approximately 4,312 square feet with 124 seats and a large commercial kitchen. Furniture, fixtures and equipment are included.

Size in square feet:
4,312 sq ft

Business Operation

Expansion Potential:

Continue the established offer or introduce a different menu using the existing kitchen and dining layout.

Reasons for selling:

Retirement.

Employees:
Seven employees: three full-time and four part-time.
Years established:
Established in 2004.

Other Information

Support & training:

Support and training are available.

Listed by

Metropolitan Restaurant Brokerage