Ethiopian Restaurant and Specialty Store
Listing Number: 77441-415490
Listing Details
- Down Payment: $360,000
- Sales: $1,785,691
- Seller's Discretionary Earnings: $120,263
- Inventory: $5,000
- Furniture, Fixtures, and Equipment: $100,000
- Rent: $6,800
- Employees: 5
- Year Established: 2011
- Reason for Selling: Family priorities change
Business Description
Authentic freshly prepared Ethiopian food for takeout or eat-in. Convenient downtown Silver Spring location walking distance to Metro. Includes a high-volume convenience store, with specialty groceries well known in the DC-area Ethiopian American community, operating for over 15 years. Services include money transfers (Western Union).
Experienced staff in place, both for the retail operation and the food preparation. The owners are not able to work there anymore and would love to find an owner-operator to take over the business and continue its longstanding success. Perfect for a family owned and operated business.
Beer and wine on-premises license.
Lease includes a five-year renewal option. Outdoor seating possible.
All reasonable offers considered.