5,250 SqFt
5,250 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,250 sqft
Price per Sqft $85
MLS Listing ID MDMC2167724
Originating Board BRIGHT
Year Built 1961
Annual Tax Amount $23,150
Tax Year 2024
Lot Size 2,625 Sqft
Acres 0.06
Property Sub-Type Retail
Property Description
Overview:
Here's your chance to own a renowned Latin restaurant that has delighted patrons for over two decades. Five years at the current location. Located in a bustling neighborhood with consistent foot traffic, this restaurant boasts an impressive 4.5-star rating on Google, thanks to its authentic cuisine, warm ambiance, and exceptional service.
Highlights:
Strong Reputation: Successful operation and glowing reviews, the restaurant has built a loyal customer base and a strong brand presence.
- Prime Location: Situated in a high-visibility area with easy access and ample parking, making it a go-to destination for both locals and visitors.
- Authentic Cuisine: Renowned for its traditional dishes crafted from family recipes, offering a unique and memorable dining experience.
- Experienced Staff: A well-trained, experienced team ensures smooth operations and high-quality service, contributing to the restaurant's excellent reputation.
- Beautiful Ambiance: The restaurant's inviting atmosphere, featuring classic latin decor and live music on weekends, creates a lively and welcoming environment.
- Growth Potential: With the popularity of cuisine on the rise, there are opportunities to expand the menu, introduce catering services, or even open additional locations.
Financials:
- Strong annual revenue with consistent growth over the years.
- Detailed financial statements available upon request.
Ideal Buyer:
This opportunity is perfect for an entrepreneur or a seasoned restaurateur looking to step into a well-established business with a proven track record. With its solid foundation and potential for growth, this restaurant offers a lucrative investment for the right buyer.
Serious inquiries only.
Location
State MD
County Montgomery
Zoning CR3.0
Interior
Hot Water Natural Gas
Heating Other
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Montgomery County Public Schools
Others
Tax ID 160700552890
Ownership Leasehold
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "