Unique Restaurant for Sale in Alexandria County, V

Not Disclosed, VA
Alexandria City County

Asking Price: Annual Revenue:
$599,000 $2,700,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Unique Restaurant for Sale in Alexandria County, V Broker: Melvin L. Vaz
Owner Financing is Available!
$375,750.00 Down & $223,250 over 5years @ 5%.

Quick Facts

Asking Price: $599,000
Annual Revenue: $2,700,000
Net Profit: Not Disclosed
Cash Flow: $265,000
Total Debt: Not Disclosed
FF&E: $105,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 20
BBN Listing #: 96834447
Broker Reference #: 32561

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Business Overview:

Unique Restaurant- 9,970 Square Feet. Price Reduction. This business must be visited to be appreciated. It offers 9,970 square feet with 2 full dining rooms (70 seats in each dining room) and 3 bars (100 bar seats in total). It is one of the few locations in the area that can accommodate multiple, large, separate dining events (private parties, fundraisers, etc. There is a huge kitchen with new compressors on all refrigeration, 3 walk-ins and a large basement for storage. They are currently open 6 days. This year sales are averaging $48,000 - $51,000/week with consistent growth ($2.7 mil. in gross sales projected for this year) with a net profit of approximately $265,000.00. There are 19.5 years left on the current lease (9.5 plus two 5 year options) at a rent of $25,000/month. The business is fully-staffed with 20 full-time and 10-12 part-time employees. They have a state-of-the-art POS system. We are seeking a serious and financially qualified buyer with at least $375,750 for the down payment, plus rent security of $25,750.00. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only. Please use email reply button of this ad to contact us.

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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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