Popular Award winning restaurant in NOVA

Asking Price$1,350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,600,000

Inventory$50,000
Not included in asking price
FF&E$400,000
Included in asking price
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Popular Award winning restaurant in NOVA


Asking Price$1,350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,600,000

Inventory$50,000
Not included in asking price
FF&E$400,000
Included in asking price
Business Description
Fully equipped restaurant located in one of the area's most desirable shopping destinations within the growing city population. Operating successfully for over 15+ years, this local staple features a distinct menu, a loyal customer base, and a elegant built-out space. The business delivers immediate, strong cash flow with verifiable financial history.The facility features an expansive kitchen and front of house seats comfortably and possesses an inviting atmosphere perfect for casual dining or private events.
About the Business
Years in Operation
15
Employees
36 (10 Full-time, 26 Part-time)
Facilities & Assets
Fully equipped turnkey restaurant featuring a modern commercial kitchen, spacious dining room, walk-in cooler and freezer, complete FF&E, POS system, security system, office, dry storage, customer restrooms, outdoor seating, established branding, website, social media accounts, and long-term lease. All equipment is owned and included in the sale unless otherwise noted. Inventory to be valued separately at closing. The landlord offers a 5-year initial lease with an option to extend it for another 5 years
Market Outlook / Competition
The restaurant is located in a high-traffic area with a strong local customer base and steady demand. It competes with other local restaurants while standing out through its quality food, excellent customer service, and established reputation. There are opportunities to increase sales through expanded dinner menu, brunch menu, marketing, catering, delivery, and extended operating hours. No real competition within a 6-7 mile radius.
Opportunities for Growth
The business has strong potential for growth by expanding marketing efforts, increasing online ordering and delivery, expanding catering services, extending operating hours, and introducing new menu items or brunch items. There are also opportunities to grow through private events and community partnerships. Furthermore, the established business concept is franchise appropriate and ready with the level of its branding.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$11,000.00 per month
About the Sale
Seller Motivation
Retiring
Transition Support
Owner will provide 2 weeks of on-site training after the sale to ensure a smooth transition, along with 30 days of phone and email support for any operational questions.
Financing Options
No Finance
Listing Info
ID
2525406
Listing Views

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Business Listed by: Enzo

Listing ID: 2525406 The information on this listing has been provided by either 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 full Terms of Use. Learn how to avoid scams.


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