Business For Sale

Absentee Owned Very Profitable Restaurant!

Manassas, VA
Manassas City County

Asking Price: Annual Revenue:
$750,000 $1,184,188

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Absentee Owned Very Profitable Restaurant! Broker: Omar Alhariri
Owner Financing is Available!
SBA financing available with 20% down-payment.

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,184,188
Net Profit: Not Disclosed
Cash Flow: $317,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 23
BBN Listing #: 657822954
Broker Reference #: Not Disclosed

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Business Overview:

Well established diner for many years with loyal customer base. Located in strategic & busy location. Owner is absentee and does not handle day-to-day operations as he has a manager in each location. Very lucrative turn key opportunity generating a strong income to the new owner with possibilities to increase income more. Don't miss it!

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Property Features and Assets:

Spacious 5,600 square feet dining facility with seating inside & outside. Total rent: $13,866/month. Current lease expires in 2020 + 2(5) year options to renew (2030).

Market Competition and Expansion:

Competition: Prime location Growth & Expansion: Possible by adding alcohol license & doing more advertising & marketing online.

Reason for Selling:

Other interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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