Profitable Absentee Owned Restaurant MRB VA 825

Alexandria, VA (Alexandria City County)

Seller Financing Available
Metropolitan Restaurant Brokers
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Asking Price: $490,000

Cash Flow: $145,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1974

Profitable Absentee Owned Restaurant MRB VA 825

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Business Description

Large American style restaurant surrounded by high rise buildings, hotels and apartments. This turn key restaurant is about 5,600 square feet and has over 150 seats. Great location to host special events with separated dining areas. Over $500,000 in mechanical/equipment. Being in business since 1974, this restaurant already has a well established customer base and with a new owner/operator could easily increase profits. The current owner is absentee and profiting $145,000 annually.

Price: $490,000
Sales: $1,500,000
Cash Flow: $145,000 (absentee)
Rent: $14,000 all in
Term: 10 years plus options
Size: 5,600sf
Seats: 150
Employees: 15
Payroll: $8,000/month
Utilities: $3,400/month

Please inquire for more information.

Attached Documents


Detailed Information

Location:
Alexandria, VA
Employees:
15
Financing:
Possible
Reason for Selling:
Getting out of business
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(from currently available funds)
 
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Sam Saa

Business Listed By:
Sam Saa

Metropolitan Restaurant Brokers

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