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Price slashed: Well established restaurant in heart of Reston/Herndon

Herndon, Virginia (Fairfax County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $199,999 Inventory $17,000** 
Gross Income $550,000 Real Estate  
Cash Flow Not Disclosed Year Established 1985
FF&E $40,000* Employees 8

* included in the asking price

** not included in the asking price

Rare opportunity to buy an existing, well established restaurant in a prime location. Currently a Chinese restaurant, this business can be easily converted to serve other ethnic cuisines such as Middle Eastern, HIspanic, Asian, etc. Lease terms is assignable with 6 more years to go plus an option to renew thereafter.

Facilities: Well known restaurant in a high traffic plaza strategically located in the busy commercial & residential corridor of Reston & Herndon. 4,000 sq. ft.; plaza is well maintained with plenty of parking spaces;

Competition: Highly visible plaza, this location attracts office employees for lunch traffic and nearby residents for dinner business. Despite some competition, this restaurant is still very much sought after because of its size and location for parties.

Growth/Expansion: Carry outs and parties are great ways to expand this business because of the densely populated neighborhood within 3 miles radius that emcompasses many commercial bldgs, condos, townhouses and detached homes.

Support/Training: Seller will provide 3-6 months of training and support.

Reason Selling: Retiring

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