High Profit Restaurant & Bar in Prime Location

Alexandria, VA
Alexandria City County

MRB VA 1156


Asking Price: Annual Revenue:
$950,000 $2,110,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: High Profit Restaurant & Bar in Prime Location Broker: Sam Saa

Quick Facts

Asking Price: $950,000
Annual Revenue: $2,110,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 617326586
Broker Reference #: MRB VA 1156

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Business Overview:

Large restaurant and bar for sale in Alexandria VA with outdoor seating.
This restaurant is approximately 10,000 square feet with 2 large dining rooms, a private event room, 2 large full service bars, storage room as well as a massive kitchen including top of line line equipment and 3 walk in coolers/freezers. Seating for 268 people as well as room to expand to accommodate large crowds and private events. Menu can be kept the same or converted to fit most concepts. The current owner is hands on part time and profiting an average of $500,000 per year.
This restaurant still has plenty of opportunity for growth and increased profits.
Great opportunity to take over this highly profitable restaurant and take it to the next level.
Must show proof of funds to be qualified.
Please inquire for more details.

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Property Features and Assets:

This restaurant is approximately 10,000 square feet with 2 large dining rooms, a private event room, 2 large full service bars, storage room as well as a massive kitchen including top of line line equipment and 3 walk in coolers/freezers. Seating for 268 people as well as room to expand to accommodate large crowds and private events. Menu can be kept the same or converted to fit most concepts. Rent: $28,673 Term: 6 years with 2/5 year options Size: 9,979 sf Employees: 22 full time / 5 part time Seats: 240 inside / 28 outside / room to expand Established: 2018 Reason for sale: Moving out of state for retirement

Market Competition and Expansion:

This restaurant still has plenty of opportunity for growth and increased profits.

Reason for Selling:

Retirement.

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.

Documents:

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