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Listed by:

Metropolitan Restaurant Brokerage

Absentee Owned Ashburn Restaurant With Outdoor Seating For Sale

Ashburn, Virginia, US
Asking Price:
$399,000 Furniture / Fixtures included
Sales Revenue:
$1,900,000
Cash Flow:
On request

Acquire a substantial Ashburn restaurant and bar with approximately $1.9 million in annual sales. Offered at $399,000, this absentee-owned operation combines a furnished, equipped kitchen with a 6,300-square-foot venue in an established Northern Virginia market.

The premises offer 234 indoor seats, outdoor seating and ample parking. Approximately 20 employees support the business, with monthly payroll of about $52,000 and utilities averaging $2,985.

The lease has approximately 10 years remaining, plus a five-year renewal option, at $17,115 per month. An experienced operator can build on the existing concept or explore a different menu suited to the venue. A more hands-on owner may also see opportunities to oversee daily performance more closely.

The seller is relocating. Some seller financing may be available to highly qualified buyers. Enquire to discuss the trading figures, facilities and acquisition terms. Proof of funds is required.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately 10 years remain, with a five-year renewal option. Monthly rent is $17,115.

Leasehold Rent:

$205,380 per annum

Location:

Ashburn, Loudoun County, serving the Northern Virginia dining market.

Premises Details:

Approximately 6,300 square feet with 234 indoor seats, outdoor seating, ample parking and an equipped commercial kitchen. Furniture, fixtures and equipment are included.

Size in square feet:
6,300 sq ft

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

An experienced operator can develop the existing concept or assess a new menu, with scope for closer day-to-day oversight.

Reasons for selling:

The owner is relocating.

Employees:
Approximately 20 employees.

Other Information

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

Some seller financing may be available to highly qualified buyers, subject to agreement.

Listed by

Metropolitan Restaurant Brokerage