Spectacular Restaurant and Bar - by Doug Jackson

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Rock Solid Business - Not Many Like this For Sale
Asking Price:
$1,650,000

Gross Revenue:
$3,250,000
Cash Flow:
$575,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Spectacular restaurant and bar located in Prince William County, Virginia. This business has a large seating capacity in the both the restaurant and bar areas. Huge weekend and weekday sales volume averaging more than $60,000 per week. This business is professionally run by the current owner with systems in place to control all aspects of the operation. With the high sales volume and more than 50 employees any buyer looking at this operation should have a proven record of success. This location is semi-absentee run and should improve with an owner who is full-time.

The business operates out of leased space which was built out equal to or better than most national chain operations. The rent is only at $16,000 for nearly 8,000sf of space. The landlord will only look at those who have a high level of management experience within the food service industry or a high level of success at the upper levels of management or high net worth individuals.

This is a gold star listing; to learn more about it please call Northern Virginia's Number One Business Seller - Doug Jackson

About the Business

Location:
Montclair, Virginia
Year Established:
2002
Number of Employees:
55
Facilities:
Located in 8,000 of leased space.
Market Outlook/
Competition:
The business is operated semi-absentee and should enjoy a boost in revenue and profit from and active, onsite owner.
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About the Sale

Reason For Selling:
Seller has other interest they wish to pursue
Training/Support:
Seller will work closely with the purchaser to ensure a seamless transition.

Listing Info

ID:
1601478
Ad Detail Views:
0

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Business Listed by

Doug Jackson

Doug Jackson

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