Established, Profitable BBQ & Buffet Style Restaurant

Alexandria, VA (Fairfax County)

For demonstration only
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Asking Price: $795,000

Cash Flow: $240,000

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $22,000 /Month

Established: 1994

Established, Profitable BBQ & Buffet Style Restaurant

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Business Description

Established, Profitable BBQ & Buffet Style Restaurant For Sale

Very established, profitable BBQ Restaurant, buffet style with exhaust hood and cooking at every table. Well-known BBQ restaurant bordering Annandale and Alexandria with buffet style. Big, nice party room, 5 VIP private rooms. Bonus basement (~5,000 SF) for dry storage. The facility includes newly renovated tables (lots of them). Booked events every week. Price includes a beverage store in front which normally can be sold as a separate business. Run well by staffs. Hot pot concept can be added for added business. Owners not always there. Costs millions to build today. Must see to appreciate. Most important, very profitable!!! Gross income over $2 million/year with potential up to $3 million!

Detailed Information

Location:
Alexandria, VA
Real Estate:
Leased
Building SF:
9,800
Lease Expiration:
1/31/2029
Employees:
29
Facilities:
The restaurant provides BBQ service with exhaust hood and cooking at every table. Buffet service with island and sushi bar. Big, nice party room, 5 VIP private rooms. Bonus basement (~5,000 SF) for dry storage. Newly renovated facility.
Competition:
Very established. No other similar BBQ restaurant this size.
Growth & Expansion:
Huge Potential Growth By Adding Hot Pot Service
Financing:
Case by case/small amount
Support & Training:
Owner Can Stay For Training
Reason for Selling:
Retirement
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(from currently available funds)
 
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Vinh Nguyen

Business Listed By:
Vinh Nguyen

Westgate Business Group, LLC

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