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Specialty Restaurant for sale in Northern, VA

Northern, Virginia (VA)

Asking Price: Gross: Cash Flow:
$ 179,900 $ 500,000 $ 60,000

Furniture and Fixtures Value:
$ 150,000 (included in the asking price)

Inventory Value:
$ 7,500 (included in the asking price)

Business Summary:
Well established Ethnic Restaurant located along one of the busiest Roads in Northern VA. Solid clientele of Repeat customers which maintained Revenues even during the Pandemic. In business for 17 years. The revenues are well on their way to greatly surpassing last year, by possibly as much as $150,00 to $300,000. Seller is ready to retire, and has priced the business very fairly. Don't miss this Excellent Opportunity.

 

   
Year Business was Established: 2004
   
Number of Employees: 5 FT  
   
Facilities / Terms of Lease: 1,783 Square Feet, with Total Current Monthly Rent of $4,000 (Due to Pandemic Reduction), and currently operating on a Month to Month Lease. New Owner will Negotiate a New Lease.  
   
Potential Growth/Expansion: Doing more Marketing and Advertising.  
   
Competition: Standard Food Service Competition in the Area, but none of Similar Type.  
   
Owner willing to finance: Negotiable  
   
Owner willing to train: Seller will give 2 - 4 weeks of Training/Transition.  
   
Reason for selling: Retirement  
   
Seller Reference Number: GSR-SR137
BusinessMart.com Listing Number: 273468
 

 

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For more info contact:

Gary S. Russell

G.S.Russell Business Brokers and Advisors
571-221-7633

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