Nice, modern Asian decor accent restaurant with warm ambiance

Seven Corners, VA (Fairfax County)

Nice, modern Asian decor accent restaurant with warm ambiance
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Asking Price: $395,000

Cash Flow: $360,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $16,846 /Month

Established: 2014

Nice, modern Asian decor accent restaurant with warm ambiance

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Business Description

Modern Asian Restaurant with great growth potential

Located in a well known Asian center in Falls Church. This newly remodeled (1 yr) restaurant already was featured by the Washington Post and other local media. Known for its authenticity and modern concept serving a large variety of dishes. Rent is actually less than stated in the lease, ranging from $12K to $14K/mth. 3,600 square feet total which can accommodate more than 140 seats. Income is growing & already in the $140K/mth range (above $1.2 million sales of which 70% is in credit sales). Additional incomes from tour groups (China, Vietnam, Malaysia, and Indonesia, etc). Staff will stay if new owner desires.

Detailed Information

Location:
Seven Corners, VA
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
N/A
Employees:
15
Facilities:
3,600 square feet of recently made over restaurant with over 140 seats. 3 Walk-ins: 1 Freezer and 2 Cooler
Competition:
Pros: High-end dining ambiance for family/business/corporate meetings. Additional incomes from tour groups. Very prominent in the community. Featured by the Washington Post and local media.
Growth & Expansion:
Further growth can be generated through social media and reaching out to local corporate and social/civic communities.
Support & Training:
Seller can stay a short period for training. Staff will stay with new owner if desires.
Reason for Selling:
Partnership dissolution
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Contact the Seller

(from currently available funds)
 
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Vinh Nguyen

Business Listed By:
Vinh Nguyen

Westgate Business Group, LLC

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