Family Greek/Italian/American Restaurant For Sale

Fairfax County, VA

Family Greek/Italian/American Restaurant For Sale
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Asking Price: $960,000

Cash Flow: N/A

Gross Revenue: $1,600,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $11,458.12 /Month

Established: 1972

Family Greek/Italian/American Restaurant For Sale

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Business Description

Successfully operated for 46 years

• Family run, owned and operated restaurant since 1972
• Finest restaurant located in a prime area (inside the beltway)
• Restaurant features Authentic Greek Cuisine, Italian, American, other Continental dishes and a full bar. Serves homemade pizza for pizza lover customers.
• Brand new superior location with high traffic count
• 177 seating capacity plus private Banquet Room to accommodate 50 persons, ideal for private parties. Catering services are also offered.
• Serves lunch & dinner daily and breakfast/brunch on weekends. Brunch can be extended on weekdays and delivery service offered to increase sales.
• Sale is for the business only - original lease term expires 2023; with 3 - 5yr renewal options
• Financials to be provided upon receipt of signed Confidentiality Agreement

Attached Documents


Detailed Information

Location:
Fairfax County, VA
Real Estate:
Leased
Building SF:
4,256
Lease Expiration:
6/2/2023
Facilities:
Brand new top of the line equipment (3 years old); high end build-out; CLEAN
Financing:
Average Annual Sales $1,600,000.00 gross
Support & Training:
Owner available for consulting
Reason for Selling:
Owners retiring
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Business Listed By:
Gregory McGillicuddy

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