Extremely Well Established and Well Known Popular Restaurant and Pub located in a Quaint part of Northern VA. In business for almost 50 Years, and going Strong, this is an Excellent Business Opportunity for the Right Buyer. Wide range of Restaurant/Pub Experience helpful but not necessary. Offering everything from Bar type food to White Linen Table cloth High End Dining, with a Pub on the side. BATHROOMS JUST FULLY RENOVATED. BRAND NEW FROM THE GROUND UP!!!! Excellent Rent. Owners are ready to retire after 20 years of ownership and over 40 years in the industry. Priced to sell quickly, so don't miss out on this Great Business.
About the Business
Number of Employees:
6 FT, 6 PT
Building Sq. Ft.:
5,000 Square Feet on Multiple Levels, with Total Monthly Rent of $6,000, and a fully Negotiable Lease Term.
Standard Restaurant, Food Service Competition in the Area.
Growth & Expansion:
Doing some Renovations to Modernize the Atmosphere, Expanding the Menu Items Offered, and Doing more Marketing and Advertising.
Seller #1 (Retirement), Seller #2 (Other Business Interests)
Sellers will give 2 - 4 Weeks of Training/Transition.
Ad Detail Views:
Asking Price: $172,000 Gross Revenue: $477,735Cash Flow: $74,859 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Casual Grill Room Restaurant/ Pub with 12 stool bar and Upscale Dining
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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