Casual Grill Room Restaurant/ Pub with 12 stool bar and Upscale Dining

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Asking Price:
$135,000

Gross Revenue:
$477,735
Cash Flow:
$74,859
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

SELLER FINANCING AVAILABLE. 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

Year Established:
1970
Number of Employees:
6 FT, 6 PT
Real Estate:
Leased
Building Sq. Ft.:
5,000
Rent:
$14.40 Per Month
Facilities:
5,000 Square Feet on Multiple Levels, with Total Monthly Rent of $6,000, and a fully Negotiable Lease Term.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Seller #1 (Retirement), Seller #2 (Other Business Interests)
Training/Support:
Sellers will give 2 - 4 Weeks of Training/Transition.
Seller Financing:
Seller Financing is Available

Listing Info

ID:
1532668
Ad Detail Views:
577

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$
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Business Listed by

Gary Steven Russell

G. S. Russell Business Brokers and Advis

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Source: American Community Survey (2010-2014), United States Census Bureau.

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