REDUCED! Fantastic Alexandria Restaurant For Sale

Alexandria, VA (Alexandria City County)

Seller Financing Available
REDUCED! Fantastic Alexandria Restaurant For Sale
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Asking Price: Get Financing: $175,000

Cash Flow: N/A

Gross Revenue: $1,000,000


FF&E: $100,000

Inventory: $10,000

Lease Rate: $45 /SF/Year

Established: 2015

REDUCED! Fantastic Alexandria Restaurant For Sale

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Business Description

Available Now! This is a fully built out and beautiful restaurant in the heart of Alexandria within minutes of Old Town and Del Ray. The existing restaurant is grossing nearly 1 million dollars at a 13% occupancy cost, however, ownership is very busy with other investments. A seasoned operator could easily come in, increase sales and cut operational costs. There is ample indoor and outdoor seating for guests.

An investor could add this to their portfolio as-is or rebrand it into the concept of their dreams. Buildout alone has 2 brand new kitchens, POS machines, 2 hoods, full kitchen equipment, and is fully operational as we speak. Perfect for full service or fast casual with a thriving delivery marketplace.

Average Household Income: $143,740
Ownership will consider seller financing based on financials

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The business is in a terrific building with excellent signage. It has a dedicated parking lot with 11 spaces and plenty of outdoor seating. There is a main level for regular service and an additional level for events and a full prep kitchen that can be used for catering or delivery.
Alexandria is growing fast as people leave DC, but remain in the area. Great for young professionals, families, and visitors. It's a crown jewel for any group or investor.
Growth & Expansion:
Many franchises have started in the DC / Virginia market including Five Guys, Cava, and Sweetgreen. This is a robust marketplace that has been the springboard for many top brands. Yours could be next for a fraction of the costs associated with a traditional start-up.
Seller will finance 75% of sale price at 8% for 3 years
Support & Training:
Ownership is happy to offer 2-4 weeks of on-site training, if necessary.
Reason for Selling:
Other Investments
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Seth McClelland

Business Listed By:
Seth McClelland

Braddock Commercial Real Estate Services

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