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:


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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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