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- RE: Northern VA Restaurant With Patio
- Contact: Jim McGinnis
Quick Facts
| Asking Price: | $700,000 | |
| Annual Revenue: | $1,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 72062338 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This European style restaurant has an interior that is aesthetically pleasing, featuring high arches, chandeliers, columns, brick and mosaic finishes throughout the restaurant - conveying to the customer a pure, authentic dining experience. Beautiful brick walls, wood finishes and vaulted ceilings enhance the dining room and bar area.
The bar seats 12 and has multiple high-top tables with 2 large TVs and a large wine rack on full display in the bar area. The bar has a clean quartz bar top and beautiful blue mosaic tiles in front of the bar.
Total capacity inside is 120. The outdoor patio seats 20
The interior features leather chairs, velvet booths, beautiful wooden tables, and laminated wood flooring. There is a gas fireplace and lots of colorful artwork throughout the interior.
Rent is $10,245/month. Space is 2,732 sf plus outdoor patio. There are 10 years left on the lease. The seller spent almost $500,000 building the space out last year. Sales were $1.5 for their first year in business and projections for 2023 are $2.5 million.
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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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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