Turnkey Restaurant for Sale – Established Since 2001 Loyal Clientele

Description

Mosaic Cuisine is a French fusion restaurant for sale in Rockville, Maryland.

The business has served the Montgomery County market since 2001 and reports annual revenue of approximately $1.2 million.

Business details

• Approximately 2,795 sq. ft.
• Annual revenue: approximately $1.2 million
• Furniture, fixtures and equipment: seller-estimated value of $200,000
• Inventory included
• Monthly rent: approximately $15,000
• Lease expiration: September 30, 2030

The restaurant serves French fusion cuisine and has built repeat business over more than two decades. Brunch and catering are also part of the current operation.

The location serves a mix of nearby office workers, local residents and weekend diners. The seller also points to relatively high household incomes in the surrounding Rockville market.

A buyer could review longer operating hours, additional dinner service, more brunch capacity, corporate catering, private events, delivery and seasonal menu changes.

At the figures provided, annual base rent is approximately $180,000, equal to about 15% of reported annual revenue before any additional occupancy costs. Buyers should review the full lease and restaurant margins carefully.

The owner is retiring after approximately 25 years in business and will provide two weeks of training after closing.

Buyers should verify historical financials, restaurant-level earnings, rent and CAM charges, lease options, equipment ownership and condition, inventory value, catering revenue, staffing, food and labor costs, liquor licensing if applicable and any outstanding customer deposits or event bookings during due diligence.