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Unique Restaurant In Alexandria County For Sale

Alexandria City, Virginia, US
Asking Price:
$549,000 (USD) Inventory / Stock included
Sales Revenue:
$2,700,000 (USD)
Cash Flow:
$265,000 (USD)

Unique Restaurant In Alexandria County Va-32561

Unique Restaurant- 9,970 SF. Price Reduction. This business must be visited to be appreciated. It offers 9,970 sf 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 48-51K/wk with consistent growth ($2.7 mil. in gross sales projected for this year) with a net profit of approx. $265,000.00. There are 19.5 years left on the current lease (9.5 plus two 5 yr. options) at a rent of $25,000/mth. 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 $300,000 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.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32561 for instant access to this business information.

Business Operation

Employees:
20FT/12PT

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

300,000.00 Down & Negotiable.

Furniture / Fixtures value:
$105,000 (USD)
Inventory / Stock value:
$35,000 (USD) - included in the asking price

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