Casual Grill Room Restaurant/ Pub with 12 stool bar and Upscale Dining

VA

Seller Financing Available
Casual Grill Room Restaurant/ Pub with 12 stool bar and Upscale Dining
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Asking Price: $149,900

Cash Flow: $74,859

Gross Revenue: $477,735

EBITDA: N/A

FF&E: $50,000

Inventory: $2,000

Rent: $14.40 /Month

Established: 1970

Casual Grill Room Restaurant/ Pub with 12 stool bar and Upscale Dining

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Business Description

White Linen, Bar and Grill, and Pub Restaurant in Northern VA

SELLER FINANCING AVAILABLE. Extremely Well Established and Well Known Popular Restaurant and Pub located in a Quaint part of Northern VA. In business for almost 50 Years, and going Strong, this is an Excellent Business Opportunity for the Right Buyer. Wide range of Restaurant/Pub Experience helpful but not necessary. Offering everything from Bar type food to White Linen Table cloth High End Dining, with a Pub on the side. BATHROOMS JUST FULLY RENOVATED. BRAND NEW FROM THE GROUND UP!!!! Excellent Rent. Owners are ready to retire after 20 years of ownership and over 40 years in the industry. Priced to sell quickly, so don't miss out on this Great Business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
8/31/2018
Employees:
6 FT, 6 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,000 Square Feet on Multiple Levels, with Total Monthly Rent of $6,000, and a fully Negotiable Lease Term.
Competition:
Standard Restaurant, Food Service Competition in the Area.
Growth & Expansion:
Doing some Renovations to Modernize the Atmosphere, Expanding the Menu Items Offered, and Doing more Marketing and Advertising.
Financing:
Seller Financing is Available
Support & Training:
Sellers will give 2 - 4 Weeks of Training/Transition.
Reason for Selling:
Seller #1 (Retirement), Seller #2 (Other Business Interests)
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(from currently available funds)
 
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Gary Steven Russell

Business Listed By:
Gary Steven Russell

G. S. Russell Business Brokers and Advis

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