Business For Sale

Modern Elegant Mediterranean Restaurant

Not Disclosed, VA
Loudoun County


Asking Price: Annual Revenue:
$275,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Modern Elegant Mediterranean Restaurant Broker: Sunil Joshi

Quick Facts

Asking Price: $275,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 242452230
Broker Reference #: 51861-663925

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Business Overview:

Big, beautiful, clean, vibrant and modern restaurant including booth seating and beautiful wood furniture, 2 large beautiful bathrooms, large kitchen, 2 large screen TVs, plus authentic clay oven imported from India for baking bread.
3005 Sq ft (with sidewalk cafe outside). If the new tenant wants, they can also acquire some additional space next door to expand out the restaurant
2 - current rent is approximately $10,000 including triple net fees, and the base rent goes up by $200-300 each lease year
3 - total lease term = 10 years & 3 months effective as of Feb. 13, 2015, so now 7 years left
4 - construction & equipment cost was approximately $700,000, and all equipment is owned, not leased
5 - business opened doors in Dec. 2015, so 2.5 years operating business currently
6 - approximately $800,000 total revenue for past 2.5 years.

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Reason for Selling:

Moving

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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