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RE:  Carytown Burgers And Fries Contact:  Mike Metzger

Quick Facts

Asking Price: $250,000
Annual Revenue: $1,776,583
Net Profit: Not Disclosed
Cash Flow: $96,037
Total Debt: Not Disclosed
FF&E: 212,860
Real Estate: Not Disclosed
Year Established: 1999
Employees: 36
BBN Listing #: 30754955
Broker Reference #: 2006-17176

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Business Overview:

Every once in a while, the opportunity to own a true landmark comes along! Carytown Burgers and Fries has been a fixture in the Virginia market for over 20 years offering top-quality food and down-home service at affordable prices. The awards and accolades are too many to mention.

Like most restaurants, this business had to overcome challenges during the COVID 19 pandemic. 2020 cashflow was $239K. It's important to note that 2021 cashflows are NOT indicative of this restaurant's normal performance as both locations were closed for 8 weeks due to staffing issues and major renovations including new HVAC and fire suppression systems. However, as the communities emerges from the pandemic, customers are anxious to get back out to eat! Both locations are fully staffed with strong General Managers in place. This allows the owner to focus on business development, team building, and quality assurance.

This company also enjoys a strong catering business that is booming with 7-10 jobs per week. This trend is expected to continue as companies and groups get back together post-pandemic.

This restaurant is in one of the coolest historic districts, with lots of visitors and great foot traffic. Lakeside is a booming residential district with a loyal customer base.

This is a great opportunity for an existing restaurateur, or a new entrepreneur, to build upon an exceptionally strong brand that is recognized throughout.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Location 1: 2,000 Square Feet, owned by the seller who is willing to sell or lease to the new owner. Location 2: 900 Square Feet, 2 years left on lease with options to renew. Assets = $212,860

Market Competition and Expansion:

Restaurants come and go every day, but Carytown Burgers and Fries has built a strong brand in this area for over 20 years. Other 'burger joints' come and go, and they struggle to compete on price and quality. Carytown Burgers And Fries is an exceptionally strong brand in this market. This acquisition could provide an excellent platform to expand into other markets, or add on to an existing brand. The catering business is primed for growth.

Reason for Selling:

Owner has health issues.

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

Relevant Links:

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Alexandria, VA
Alexandria city County

Become your own Boss with this Firehouse Subs for Sale that is delivering earnings of nearly $110,000 to its current owner operator and producing sales of over 1 million! No need to start from scratch and spend the money, time, or hassles of waiting on a build out to be complete. Lending is no problem with numbers this great, as little as 20% down could get you qualified for SBA Lending! Be ready to go from day one with this Firehouse Subs for Sale! Fully equipped, open, operating and ready for a new owner, don't miss out on taking advantage of a steady stream of loyal customers. But don't take it from us! Reviews for this successful store rave about the welcoming staff, as well as their cleanliness and delicious food. Are you looking for lending? This opportunity is ready for lending with 20% down. We Sell Restaurants has excellent contacts for both SBA and conventional lending. We'll have you approved in days, not weeks! This money making store has a strong location in this DC suburb. The current owner speaks of its pros: lots of traffic, a densely populated area surrounding the restaurant, and large catering sales thanks to the local businesses. Full occupancy cost for this Firehouse Subs for Sale is $14,500, per month which is covered by the large volume a lower rent structure will be available to the new owner (approximately $11,000 per month including all extras). The term is up for renewal on November 1, 2037 and 1,850 square feet is the right size for an easy operation. Simple to operate Firehouse Subs for Sale is turnkey ready to continue sales of $1,052,335 under your ownership as 16 employees are willing to remain in place after the sale. You get the benefit of a major brand in the quick service space that is producing strong results. Enter into one of the most extensive training programs in the nation with more than 8 weeks of hands on support as you learn the process. Buy this Firehouse Subs for Sale opportunity offered by the restaurant brokers with royalties of only 6% of sales. The marketing fee is just 5% of sales and you get the benefit of a national brand with more than 1,100 units across the U.S. working to optimize potential, profitability, investment, and each franchisee's success. This is a brand with an ever-growing history of innovative products, a focus on exceptional customer service, and a one-of-a-kind brand identity. The franchise transfer fee is $10,000.00. This amount covers your training, along with the legal work to assign the remaining term of the franchise agreement and all option years to you. Buy this Firehouse Subs for Sale today, and begin taking home money in your own business! By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Cash Flow $193,555
Revenue $1,062,518

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