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Listed by:

Metropolitan Restaurant Brokerage

Profitable Absentee Owned Restaurant In Alexandria For Sale

Alexandria, Virginia, US
Asking Price:
$490,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,500,000 (USD)
Cash Flow:
$145,000 (USD)

Large American style restaurant surrounded by high rise buildings, hotels and apartments. This turn key restaurant is about 5,600 square feet and has over 150 seats. Great location to host special events with separated dining areas. Over $500,000 in mechanical/equipment. Being in business since 1974, this restaurant already has a well established customer base and with a new owner/operator could easily increase profits. The current owner is absentee and profiting $145,000 annually.

Price: $490,000
Sales: $1,500,000
Cash Flow: $145,000 (absentee)
Rent: $14,000 all in
Term: 10 years plus options
Size: 5,600sf
Seats: 150
Employees: 15
Payroll: $8,000/month
Utilities: $3,400/month

Please inquire for more information.

Property Information

Real Estate:

Lease

Size in square feet:
5,600

Business Operation

Reasons for selling:

Getting out of business

Employees:
15
Years established:
45

Other Information

Financing available:

possible

Contact Information

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