02/16/2023
VIETNAMESE RESTAURANT FOR SALE in Downtown Silver Spring, MD. The owner has decided to retire after dedicating many successful years to the restaurant.
LOTUS CAFE
8077 Georgia Ave,
Silver Spring, MD 20910
💥Asking Price: $200,000💥
Experience the opportunity of a lifetime to own a highly regarded Vietnamese restaurant that has been a fixture in Downtown Silver Spring for 15 years. This restaurant has a great reputation and a high income, attracting a large number of customers in a busy and bustling location. It is located in an area with numerous offices and is directly opposite Montgomery College. With ample parking, there is no need to worry about a lack of space.
💢The restaurant has a bar and a liquor license. The kitchen appliances, refrigerator, and everything else is new and will be left behind when sold.
💢The owner will stay for an additional month to provide assistance if needed.
💢Seating capacity:
Indoors: 14 tables serving nearly 60 guests.
Outdoors: The restaurant has a spacious, airy, and shaded patio that can accommodate an additional 30 guests. This outdoor space is a significant source of revenue for the restaurant.
In addition, the restaurant has an extensive basement that is currently being used as a cold storage area. It can be converted into additional seating for up to 100 guests.
💢Menu:
This restaurant specializes in cooking Vietnamese cuisine, with a diverse menu of over 130 dishes.
💢Customer:
Despite the weather and time of year, this restaurant attracts a significant number of customers. There are also many to-go customers.
💢Rent: $9,800 per month
The lease agreement runs until 2027, and the landlord is accommodating and willing to extend the lease.
For questions, please contact
Kelvin Khoa Pham
(301) 906 - 9808
[email protected]