Listing Number: 090122-921950
Description
This well-established Asian and Continental Restaurant has been serving the community since 2011 and has built a loyal customer base with consistent sales and strong discretionary earnings/net profits yoy. Known for its authentic flavors and warm hospitality, the business also caters to private events including weddings, corporate lunches, cocktail receptions, and social gatherings.
*Asking Price: $275,000
*Down Payment: $75,000
*Seller Financing: Available, terms negotiable
Highlights:
*Fully equipped commercial kitchen with $150,000 in furniture, fixtures, and equipment
- *Leasehold improvements valued at $50,000
- *Inventory included, approx. $10,000
- *Turnkey operation with low employee turnover and experienced staff
- *Seating capacity suitable for both dine-in and private events
- *Current lease through March 2027 at favorable terms
- *Seller offering 30 days training at no cost
*Seller not to compete within 10 miles for 24 months
Growth Opportunities:
- Expand catering and delivery services
- Leverage digital marketing campaigns to target local businesses, schools, and event venues
- Increase revenue through private parties, community events, and business partnerships
Reason for Sale: Retirement
Support & Training: Seller will provide training for 30 business days to ensure a smooth transition.
Contact: Gloria Andela, Business Broker & Consultant – 240-481-9371
email address. Gandela@tworld.com
Listing Details
- Price: $275,000
- Down Payment: $75,000
- Sellers Discretionary Earnings: $120,040
- Total Sales: $445,593
- Location: Baltimore, Maryland
- Inventory: $10,000
- FF&E: $150,000
- Employees: 4
- Year Established: 2011
- Reason for Selling: Retirement
- Category: Restaurants
Contact Agent:
- Farhat Saba Aamir
- Phone: (703) 457-0362
- Email: faamir@tworld.com
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