What a couple of weeks it has been for Bistro LaZeez at 8009 Norfolk Avenue in downtown Bethesda. First, they
"temporarily closed" at the end of January. Then they were
officially shut down by the Montgomery County health department on February 8. A week later, their
landlord went after them for unpaid rent and late fees in court. Now the restaurant is for sale for $100,000.
I and some readers have seen ads prior to this offering a restaurant that sounded like the bistro. But this ad now posted on the front of the restaurant makes it official. It offers the business as a turnkey restaurant opportunity, with the prospective new owner taking up the rest of the seven years remaining on the lease.
“this ad now posted on the front of the restaurant makes it official”
ReplyDeleteSo did the owner’s own statement that he was working with an agent to sell the business — as announced 10 days ago.
#Reheated #HyperLate
I scooped you on this one. I commented on your original post the exact same news. Credit to me.
ReplyDelete5:22: Both 5:22 comments are false. Anonymous ads for the restaurant were seen BEFORE it closed in January, much earlier than "10 days ago." But you're wrong on that, too: *I* broke all 3 stories about the restaurant, and this is the fourth in a row. The article you're referring to was published many, many hours after my own report!
ReplyDeleteI guess the bank will just write off the back rent as bad debt. Why this isn't torn down is beyond me. That whole block could go. Nothing but crap. I'm not saying I like all these blocks going down. At this rate, there will be nothing old school or with any charm of Old Bethesda left.
ReplyDeleteI guess Tia Queta wouldn't sell.
DeleteWonder if Dyer wants to be the next Jeff Black? Go ahead Dyer and ask your parents for the $100k.
ReplyDelete6:55 AM Can't cover that on a an intern's salary, that's for sure.
ReplyDeleteTia Quita owns the building
ReplyDeleteWhy would anyone "buy the restaurant" for $100K? The restaurant rents the space from a landlord, so you aren't buying the property...obviously. Clearly business has been so poor that the current owner can't even afford his rent.
ReplyDeleteSo someone is supposed to pay $100K for the right to take over the 'Intellectual Property' of a restaurant that is hemorrhaging money and can't generate enough business to pay the lease? Seems like a bad deal, but I could be missing something here.
@6:48 I guess that includes the kitchen equipment, furniture, etc. but it's still a lofty price for a failing restaurant. If I was starting a restaurant, I'd offer $10k for just the equipment and furniture, but not the name, and start up a new restaurant using a new name and concept... maybe call it Riemer's Steamers?
ReplyDelete