Salvadoran Restaurant For Sale

Falls Church, VA (Falls Church City County)

Cozy dining area
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Asking Price: Get Financing: $185,000

Cash Flow: N/A

Gross Revenue: $720,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000

Lease Rate: $22.22 /SF/Year

Established: 1990

Salvadoran Restaurant For Sale

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Business Description

Salvadoran Restaurant For Sale

Established for 27 years. Informal, sit-down Salvadoran joint with traditional dishes like pupusas. 100 seats with beer & wine license. 2,700 square feet. 7 years remaining on the lease. $5,000/mth rent plus $7,000/year in real estate tax for a total of $5,583/mth. Located on a busy major road. Can keep the same menu or change to a new concept. Name brand and corporation will not transfer. Very favorable rent. Show on Tuesdays.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,700
Lease Expiration:
10/31/2024
Employees:
6
Facilities:
2,700 square feet of restaurant space with walk-in cooler. 100 seat capacity.
Competition:
Very established, not much competition.
Growth & Expansion:
Can continue same operation and grow or change to a different menu. Growing area with many new mixed used projects. Mixed residential and commercial areas.
Support & Training:
Seller will stay for a short time during transition. Staff will stay if desired.
Reason for Selling:
Retiring and moving
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(from currently available funds)
 
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Vinh Nguyen

Business Listed By:
Vinh Nguyen

Westgate Business Group, LLC

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