Business For Sale

Food & Beverage: Restaurants, Fast Food, Deli


Restaurant for Sale – Next to Arlington Landmark!

Arlington, VA

Asking Price: Annual Revenue:
$75,000 Not Disclosed

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RE: Restaurant for Sale – Next to Arlington Landmark! Broker: Thomas Hennessy Horizon Business Brokers, LLC
Owner Financing is Available!

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Quick Facts

Asking Price: $75,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 5
Listing Number: 778632377

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Business Overview:

Great opportunity for a hands on owner operator or experienced restaurateur to purchase an existing restaurant that is attached to a major Arlington Landmark. The space is located on a major thoroughfare in one of the fastest growing parts of Arlington County!

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Property Features and Assets:

The 1,420 square feet restaurant that is leased for $5,110/month is located in an old building, designated as a landmark by the city of Arlington right in the heart of the city, which is considered to be a trendy and affluent area. The restaurant has a capacity for 49 people with a bar and dining area, it even has a small stage to host live shows. The restaurant is next to, with a separate as well as an attached (adjoined by a single door that can be closed and locked) a major hot spot that is a huge draw and would provide a great customer base for any restaurant concept. The restaurant has an oversized kitchen which will allow the space to adapt to any menu and concept a new owner may have.

Market Competition and Expansion:

There is standard restaurant competition in the immediate area, but it is located in a high traffic destination market for restaurants and night life, so any concept should be successful with a hands on owner operator or someone with experience in the restaurant industry. Growth & Expansion: This opportunity is limited only by the size of the seating (49 persons). The kitchen size and equipment is able to accommodate dine-in, carry-out and deliveries. Arlington is a heavily populated city, and the local landmark that is next door draws constant crowds, especially in the evenings.

Reason for Selling:

Pursuing other business interests.

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.

Resources:

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