Indian Restaurant with Liquor License

Montgomery County, MD
listing image
Asking Price:$224,000
Gross Revenue:$600,000
Cash Flow:$95,000
Rent:$6,557/Month
BUSINESS DESCRIPTION

PRICE REDUCTION
This well established and profitable Indian restaurant offers ample free parking and a fantastic storefront location!

The rent is only $6,557 per month for 2935 sq. ft., and the CAM fee is an additional $1,500 per month. The seller works 27 hours per week, 6 days per week. He does not draw a salary.

This restaurant is open 6 days a week for lunch and dinner only. The monthly payroll averages to roughly $15,000 for 6 employees. Utility expenses run about $1,000 per month. Seating for 90. Delivery accounts for 70% of the gross sales. Further sales breakdown:
Beer: 20%
Wine: 15%
Liquor: 20%

Buyers only, please. No co-op.


ATTACHED DOCUMENTS
Standard confidentiality agreement.pdf.pdf Download

DETAILED INFORMATION
Location
Montgomery County, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,935
Financing
Negotiable.
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David Peter
David Peter