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Arabic Cafe & Market with nearly $1M in Sales

Fairfax County, VA

Seller Financing Available
Arabic Cafe & Market with nearly $1M in Sales
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Asking Price: Get Financing: $349,000

Cash Flow: $175,000

Gross Revenue: $950,000

EBITDA: N/A

FF&E: $75,000

Inventory: $25,000*

Lease Rate: $11,000 /Month

Established: 1990

*not included in asking price.

Arabic Cafe & Market with nearly $1M in Sales

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Business Description

Very well known business with great reputaion......and profitable.

Established since 1990, this business is well known throughout the DMV and enjoys a very good reputation in the community. Multiple revenue sources keeps the sales steady all year round. Semi-Absentee owner (10 hours/week) with experienced staff keeps the business running smooth. Several upgrades and renovation done in the last few years. Prime location in Fairfax County with amazing visibility from major road. There are several opportunities to increase sales and a more hands on owner could easily cut down costs by 10%; that's almost another $100K added to the bottom line! Seller is currently focusing other expanding businesses and has decided to part ways with this gem.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3000sqft. Fully equipped kitchen; new gas bakery oven; complete butcher equipment; 9 grocery store display freezer/coolers. Renovated shopping center with ample parking. 7 years remaining on lease with 2 options (5 years each).
Competition:
Standard market competition but no other business with as good location, reputation and longevity as this one. This is a market leader!
Growth & Expansion:
A more hands on owner could increase sales thru focusing on dinner promotions, delivery and butcher section.
Support & Training:
2 weeks training and 6 months support.
Reason for Selling:
Due to expansion of other businesses.
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Business Listed By:
Not Disclosed


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