Profitable Absentee Owned Asian Restaurant

Herndon, VA
Fairfax County

MRB VA 1203


Asking Price: Annual Revenue:
$525,000 $1,600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Absentee Owned Asian Restaurant Broker: Sam Saa

Quick Facts

Asking Price: $525,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 211226586
Broker Reference #: MRB VA 1203

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Business Overview:

Profitable Asian restaurant and bar for sale in Herndon VA. This restaurant has been in business since 2014 and is located in an extremely busy shopping center surrounded by residential and office buildings.
The current owner is absentee and bringing home an average of $225,000 per year while living out of state. Profits can be increased drastically with a hands on owner/operator.
Very large kitchen with top of the line equipment, spacious dining area with over 120 seats as well as a bar serving draft beer, liquor and wine. Turn key business.
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Property Features and Assets:

Very large kitchen with top of the line equipment, spacious dining area with over 120 seats as well as a bar serving draft beer, liquor and wine. Turn key business. Beautiful build out with top end furniture, fixtures and equipment. Rent: $16,000 Term: 6 years with 5 year option Size: 4,500sf Seats: 126 Established: 2014 Employees: 12

Market Competition and Expansion:

The current owner is absentee and bringing home an average of $225,000 per year while living out of state. Profits can be increased drastically with a hands on owner/operator.

Reason for Selling:

Absentee owner.

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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