$400,000 Italian Restaurant-$200k+NOI

Bethesda, MD

Seller Financing Available

RENATO'S ITALIAN RESTAURANT
Asking Price:$400,000
Gross Revenue:$1,800,000
Established Year:1997
Cash Flow:$200,000
Rent:$16,000/Month
BUSINESS DESCRIPTION

2500 sf 40 year long established Italian Restaurant in Potomac Village Potomac Maryland 20854. Turnkey operation with staff running the restaurant back house and front house positions. Need an operator to take this establishment to new heights and open new revenue streams (take out UberEats/GrubbHub etc). All contracts with current vendors can be reduced once a new owner rolls up their sleeves and bits out (trash dumpster, merchant card, linens, food service etc)'


DETAILED INFORMATION
Location
Bethesda, MD
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
10
Facilities
FULLY OPERATING RESTURANT WITH IMMED CASH FLOW READY TO SELL AFTER OWNER PASSED AWAY. ESTATE IS SELLING BUSINESS.
Competition
NO ITALIAN RESTURANT IN SUBMARKET
Growth & Expansion
GRUBB HUB UBER EATS DELIVBERY OPEN A BAR EXPAND CORTYARD AREA
Financing
Yes
Support & Training
30 DAYS
Reason for Selling
OWNER PASSED AWAY
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David Kane
David Kane