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Profitable Absentee Owned Restaurants - 2 locations!

Annandale, VA (Fairfax County)

Seller Financing Available
Profitable Absentee Owned Restaurants - 2 locations!

Asking Price:$1,600,000

Cash Flow:$651,338

Gross Revenue:$2,450,000

EBITDA:N/A

FF&E:N/A

Inventory:$45,000*

Lease Rate:N/A /SF

Established:2000

*not included in asking price.

Profitable Absentee Owned Restaurants - 2 locations!

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Business Description

Very Profitable with Room For More Growth !!!

Well established diners for many years with loyal customer base. Located in strategic & busy locations. Owner is absentee and does not handle day-to-day operations as he has a manager in each location. Very lucrative turn key opportunity generating a strong income to the new owner with possibilities to increase income more. Don't miss it!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
45
Facilities:
2 separate location diners that show well and located on busy roads. Fully equipped, turn key operations. Long term leases in place.
Competition:
Prime locations
Growth & Expansion:
Possible by adding alcohol license & doing more advertising & marketing online.
Financing:
SBA financing available with 30% down-payment
Support & Training:
2 weeks
Reason for Selling:
Other interests

Listing Statistics for Premium Members

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Omar Alhariri, CBI

Business Listed By:
Omar Alhariri

DC Business Broker, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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