THE Business for Sale Marketplace

THIS RESTAURANT IS NOW CLOSED AND READY FOR QUICK OCCUPANCY: Before we begin, this Business Profile and Confidential Memorandum format does not allow the full display of the Purchase Price when that Purchase Price includes a $ amount plus the assumption of something else. In this particular case, the Purchase Price is $99,500 plus the assumption of the Lease. The current lease, with options, runs through 2012. Exact Month in 2012 TBD.Having registered that, we can now say that this is a great opportunity for a owner/operator, small/local chain operator or large chain operator to gain access to a "Cheers Type" restaurant prime location on Rt. 50, in Fairfax County (FYI, Fairfax County has had the highest per capita income of any county in the US in recent years). This great restaurant is available because the 87 years young small chain, owner/operator has a cluster of restaurants 155 miles away. The owner chooses to concentrate on his cluster of restaurants and is willing to give up this restaurant for $99,500 and assuming the lease. This resaurant has had revenue as high as approximately $1.8 million with far less people in the 1,3,5 mile radius Retail Trade Area than there are today. Between 2000 and 2004, the revenue has decreased from approx. $1.4 million to $900,000. All because of not getting the right kind of leadership and attention. This restaurant is located on a free standing pad, in a vibrant shopping center with a McDonalds, a grocery store, and many other activity generators. All this restaurant takes to be a great money maker AGAIN, is the right kind of concept, marketing, execution, ownership and leadership, by the right person(s).