5124 Ave Hyattsville, MD 20781
- Investment properties
- 0.07 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 5124 Ave
- Year built
- 1911
- Lot size
- 0.07 lot acres
- Property type
- Investment properties
Description
This thriving Hyattsville restaurant, operating for over a decade, presents a unique investment opportunity. Known for its authentic Senegalese cuisine, it enjoys a strong reputation and loyal customer base within the African diaspora and broader community. The business boasts an impressive annual gross revenue of $440,000, demonstrating its profitability and potential for further growth. Currently operating under a lease agreement with a monthly cost of $2,800, and additional monthly utility expenses of $500, the restaurant occupies a 0.07-acre lot at 5124 Avenue, Hyattsville, MD. Significant opportunities exist to expand revenue streams. Adding a liquor license would immediately increase profitability, and a strategic interior reconfiguration could accommodate more seating, leading to higher patron capacity and increased sales. The current layout offers a solid foundation for a variety of improvements and expansions. This well-established business is ready for a new owner to capitalize on its existing success and unlock its considerable growth potential. The asking price is $190,000. This is a rare chance to acquire a profitable, established restaurant with a proven track record and significant upside.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hyattsville
- County
- PRINCE GEORGES
- State
- Maryland
- Longitude
- -76.8971
- Latitude
- 38.891
