Long-Standing, Highly Rated Asian Restaurant with Below-Market Rent
Business Description
Rare opportunity to acquire a long-standing, highly rated Asian restaurant located along the busy Rockville Pike / Route 355 corridor. This approximately 1,900 SF restaurant has served the area for over 25 years and is a local hidden gem, best known for their variety. The owner is retiring and is willing to provide training to help support a smooth transition for the next operator.
This restaurant benefits from a highly visible main-road location, reasonable rent that is difficult to find in this region, and multiple lease renewal options for continued operation. This opportunity may be well-suited for an experienced restaurant operator, owner-user, or buyer seeking a more hands-off ownership structure, subject to the buyer’s own management plan. Existing staff may be willing to remain with the business at their own discretion. Equipment will convey with the sale; however, the trade name will not convey.
This restaurant benefits from a highly visible main-road location, reasonable rent that is difficult to find in this region, and multiple lease renewal options for continued operation. This opportunity may be well-suited for an experienced restaurant operator, owner-user, or buyer seeking a more hands-off ownership structure, subject to the buyer’s own management plan. Existing staff may be willing to remain with the business at their own discretion. Equipment will convey with the sale; however, the trade name will not convey.
About the Business
- Years in Operation
- 21
- Employees
- 5 (2 Full-time, 3 Part-time)
Existing staff may be willing to remain with the business at their own discretio - Facilities & Assets
- Equipment will convey with the sale
- Market Outlook / Competition
- Rare opportunity with reasonable rent and multiple lease renewal options
- Opportunities for Growth
- Potential to increase revenue by opening 7 days a week
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,900
- Rent
- $5,700.00 per month
- Lease Expiration
- 6/30/2030
About the Sale
- Seller Motivation
- Owner is retiring
- Transition Support
- Owner will train
Listing Info
- ID
- 2515695
- Listing Views
- 99
Listing ID: 2515695 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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