Outstanding Italian Restaurant - by Doug Jackson

Manassas, VA (Prince William County)

Seller Financing Available
Outstanding Italian Restaurant - by Doug Jackson
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Asking Price: $495,000

Cash Flow: $260,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: $225,000

Inventory: $9,000*

Rent: $9,883 /Month

Established: 2008

*not included in asking price.

Outstanding Italian Restaurant - by Doug Jackson

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Business Description

Rock Solid Performance - Beautifull Build Out

Unbelievably well run Italian in busy area of Manassas, VA. Weekly sales are approaching $30,000 and the business reached revenues of over $1,400,000 in 2018. The owners cash flow exceeded $250,000 last year. There is seating 150 guests and a well appointed bar area. Don't miss this outstanding opportunity! For more information call Northern Virginia's Number One Business Seller - Doug Jackson at (703) 898-0888.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
1/31/2024
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a very busy modern shopping center with excellent parking.
Competition:
This is a well operation with many extremely loyal customers, and that base of business is growing as you read this.
Growth & Expansion:
There is considerable room for growth available by adding off-site catering and extending the reach of digital advertising.
Financing:
Seller may consider holding a small note.
Support & Training:
Seller will train buyer for up to two weeks at no additional cost.
Reason for Selling:
Seller is relocating
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(from currently available funds)
 
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Doug Jackson

Business Listed By:
Doug Jackson

Doug Jackson

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