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Very Profitable Restaurant In Manassas For Sale

Manassas, Manassas City , Virginia
Asking Price:
$750,000
Sales Revenue:
$1,184,188
Cash Flow:
$317,000

Well established diner for many years with loyal customer base. Located in strategic & busy location. Owner is absentee and does not handle day-to-day operations as he has a manager in each location. Very lucrative turn key opportunity generating a strong income to the new owner with possibilities to increase income more. Don't miss it!

Property information

Real Estate:

Lease

Premises Details:

Spacious 5,600 sq/ft dining facility with seating inside & outside. Total rent: $13,866/mo. Current lease expires in 2020 + 2(5) year options to renew (2030).

Business Operation

Expansion Potential:

Possible by adding alcohol license & doing more advertising & marketing online.

Competition / Market:

Prime location

Reasons for selling:

Other interests

Trading hours:

7 days/wk.

Employees:
23
Years established:
2011

Other Information

Support & training:

2 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

SBA financing available with 30% down-payment

Inventory / Stock value:
$20,000

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