UA-112746971-1

Premier Asian Restaurant for sale in Historic Chalres Village

Listing Number: 76551-90399

Description

Well established Asian Restaurant that has served as a staple in the highly sought after Charles Village historic community for almost 20 years. Recently renovated and licensed for live entertainment accompanied by a liquor license, this location gives potential owners the opportunity to corner the night life of a diverse high to middle income neighborhood. Over 75 seats, not including outside seating during the summer months. Gross Sales are roughly $12k per week. Building also consist of a 6 room living space on the top floor which can be occupied by staff. Perfect for the experienced operator looking for a second or third location. This business is licensed for 3 live entertainment events per week which is currently difficult to obtain in historic Charles Village. Furthermore, to obtain permission in this protected historic community is very rare. Outdoor seating coupled by a stable liquor license in regards to the new zoning laws, allows new owner to develop this establishment into a thriving business that benefits from the lunch rush consistently and allows locals the option of an entertainment venue which doesn't currently exist within 2 miles. Take Advantage of this one before it disappears.

Listing Details

  • Price: $200,000
  • Down Payment: TBD
  • Sellers Discretionary Earnings: $830
  • Total Sales: $5,100
  • Location: Maryland

  • Inventory: $60
  • FF&E: $600
  • Employees: 7
  • Reason for Selling: spend more time with kids
  • Category: Restaurants
Premier Asian Restaurant for sale in Historic Chalres Village

Business Listed By:

Derrell Gilchrist