Well established restaurant

Asking Price$349,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Across street
Across street
Save1/34

Well established restaurant


Asking Price$349,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Rice Cake Shop as second
Mad for Grill & Rice Cake Shop presents a unique dual-concept opportunity in Annandale, VA's thriving Korean restaurant corridor. This established operation combines a full-service Korean restaurant with a specialized rice cake shop, generating $930,000 in annual revenue.

BUSINESS OVERVIEW:
The 3,670 square foot facility operates as two complementary businesses under one roof, maximizing revenue potential and customer appeal. The restaurant features 50 seats and maintains consistent operations seven days a week from 11 AM to 10 PM.

KEY FINANCIAL HIGHLIGHTS:
- Annual Revenue: $930,000
- Monthly Sales: $75,000-$85,000 combined
- Rent: $10,038/month ($32.82/sq ft plus $3.58 NNN)
- Current lease: 3+5 year term with 10-year options available
- Asking Price: $349,000 (cash offers only)

OPERATIONAL ADVANTAGES:
- Experienced staff of 4 full-time and 2 part-time employees
- ABC liquor license providing additional revenue streams
- Brand new HVAC system and 8 commercial hoods
- Prime location on Route 236 with immediate access to I-495
- Ample front and rear parking with exclusive evening availability

FACILITY FEATURES:
- Fully equipped commercial kitchen
- Two commercial freezers
- Dishwasher rental arrangement ($120/month)
- $20,000 inventory value (available separately)

LOCATION BENEFITS:
Strategically positioned on the main highway in Annandale's Korean business district, offering high visibility and accessibility. The location provides flexibility for concept adaptation including various Asian cuisines.

GROWTH POTENTIAL:
Significant opportunity exists to expand liquor sales and develop catering services. The dual-concept model provides multiple revenue streams and appeals to diverse customer preferences.

The owner is retiring after successfully building this profitable operation. This turnkey opportunity includes an established customer base, proven operational systems, and a prime Fairfax County location in one of the area's most vibrant ethnic dining destinations.
About the Business
Years in Operation
1
Employees
6 (4 Full-time, 2 Part-time)
Currently Home Based
Yes
Facilities & Assets
Business sale
Monthly Sales: $75,000 – $85,000 combined
- Space: 3,670 sq. ft. (Two units)
- Rent: $32.82/sq. ft. plus $3.58 NNN (Total: $10,038/month)
- Lease: Current 3+5 year term; 10-year lease with options available.
- Capacity: 50 seats
- Hours: Mon–Sun, 11 AM – 10 PM
- Staffing: 4 full-time and 2 part-time employees
- Key Features: ABC liquor license, brand new 2025 AC and hoods (8 installed), dishwasher ($120/month rental), and water ($300/month).
- Parking: Front and rear parking. Neighboring tenants (Verizon and hair salon) close at 5 PM, providing exclusive evening parking.
- Inventory: 2 Freezers; $20,000 inventory (not included in price).
Located right on Main highway Route 236. 495 within minutes This is an ideal location for various concepts such as Pho, Chinese, or Middle Eastern cuisine, with significant potential to increase revenue through expanded liquor sales. Catering business
Market Outlook / Competition
Many Asian, international and Korean restaurants nearby** great for any business** Potential are there
Opportunities for Growth
Great for any restaurant or business** can add specialty ** Major hwy Route 236
About the Sale
Seller Motivation
Retirement
Transition Support
Flexible as needed
Financing Options
none
Listing Info
ID
2535751
Listing Views
Business Location

Listing ID: 2535751 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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