Established Franchised Upscale Sports Bar & Grill

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Great Profitability, Self Running business
Asking Price:
$1,500,000

Gross Revenue:
$2,200,000
Cash Flow:
$375,000
EBITDA:
$375,000
Inventory:
$25,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Spectacular upscale restaurant / bar & grill located in Northern, Virginia.
We focus on Craft Beer, Liquor, Whiskey, Spirits and our great food made in our scratch kitchen.
This business has a large seating capacity in both the restaurant, bar & patio areas. Its owned and run by the franchisor with systems in place to control all aspects of the operation. This location day to day operations are run by its General manager and overseen by a franchise area manager.
Owner needs not to be present in the restaurant for day to day operations, but needs to be hands on for operational efficiencies/decisions and backup to its management.

Note: The Franchisor's model is to open and develop locations, run them from two-to-five years, and then sell them to new franchisees. This helps mitigates the risk for new franchisees in developing & establishing new locations.

About the Business

Location:
Fairfax, Virginia
Year Established:
2016
Number of Employees:
35
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
4,400
Rent:
$21,000.00 Per Month
Lease Expiration:
8/31/2026
Facilities:
4400 sq. ft leased facility plus 2,400 sq. ft of Patio
Market Outlook/
Competition:
Business is located in a prime location
Growth & Expansion:
Ability to grow with Franchisor
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About the Sale

Reason For Selling:
Franchisor's model is to sell established units as part of growth strategy
Training/Support:
Ongoing support & training by owner & franchisor
Seller Financing:
SBA Registered

Listing Info

ID:
1483184
Ad Detail Views:
232

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Business Listed by
E.Scott

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