Icon Restaurant & Sports Bar

Fairfax, VA
Fairfax County

MRB VA 872


Asking Price: Annual Revenue:
$399,000 $1,992,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Icon Restaurant & Sports Bar Broker: Sam Saa

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,992,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: VA
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 185826586
Broker Reference #: MRB VA 872

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Business Overview:

Amazing opportunity to own this very well established popular restaurant and sports bar in Fairfax County.
This restaurant is ABSENTEE OWNED and EXTREMELY PROFITABLE.
The current owner is retiring and looking for the right qualified buyer to take this restaurant to the next level.

This restaurant is sectioned off with a bar/lounge area and a large dining area connected.

Must be qualified to purchase this restaurant. Act fast, this deal won't last long.
Please inquire for more information.

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Property Features and Assets:

Monthly Rent: $15,700 all in Lease Term: 5 years plus option. Size: 3,977sf Seats: 125 plus outdoor seating Employees: 24 + 5 managers Payroll: $37,000 per month Utilities: $4,000

Reason for Selling:

Retiring.

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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