Profitable Restaurant, Bar & Lounge MRB VA 806

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Business Description

Turnkey Business for sale - Very profitable, restaurant / bar that is well established and located on a high traffic road 40 miles west of DC. It’s proximity to local businesses and many neighborhoods draws a strong crowd who enjoy the food specials on the menu and is a hot spot to watch sporting events. There is seating for 490 spread between bar stools, booths and tables, throughout the 14,000 sq ft building. Has been open for nearly 17 years with annual sales over $2,800,000 and is generating cash flow of $336,000 annually. The current owner is SEMI ABSENTEE and is ready to retire.

Price: $775,000 (possible owner financing)
Sales: $2,800,000
Cash Flow: $336,000
Rent: $14,400 all in
Utilities: $6,500 per month
Payroll: $55,000 per month
Term: 5 years plus 2/5 year options
Size: 14,446 SF
Employees: 50
Established: 2004
Parking: 400 spaces
Reason for Sale: Retirement

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About the Business

Year Established:
Number of Employees:
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About the Sale

Reason For Selling:
Seller Financing:
possible seller financing

Listing Info

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  NDA-Metropolitan Restaurant Brokers (77 KB)

Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

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included in asking price

Real Estate:
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Business Listed by

Sam Saa

Metropolitan Restaurant Brokers

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