Business Overview:
High profit restaurant and bar in the heart of Arlington VA. This popular restaurant has been in business for over 6 years and is currently averaging over $3,000,000 in annual sales. The current owner is profiting an average of $300,000 per year and the business is debt free.
Beautifully built out with 230 seats inside, 120 seats outside, a large full service bar including craft beers on tap and a spacious kitchen with all high end equipment.
The current menu can be kept the same or converted to fit most concepts.
While owning other restaurants, the current owner does not have enough time to watch over this location and run it to its full potential.
This is a great opportunity for any restauranteur to take over this turn key restaurant.
Must See!
Proof of funds required.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Rent: $28,000
Term: 4 years plus option
Size: 5,500sf
Seats: 230 inside / 120 seats outside
Employees: 25
Established: 2016
Market Competition and Expansion:
With already being a high profit restaurant, a hands on owner/operator can take this restaurant to the next level.
Reason for Selling:
Other business 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.
Documents:
Relevant Links: