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Listed by:

Metropolitan Restaurant Brokerage

Equipped Fairfax Restaurant And Bar For Rebranding For Sale

Fairfax, Virginia, US
Asking Price:
$249,000 Furniture / Fixtures included
Sales Revenue:
$755,485
Cash Flow:
On request

Introduce your own brand to a Fairfax restaurant and bar location offered at $249,000. Established in 2016, the current operation generates approximately $755,485 in annual sales and has built an extensive positive online review history.

Approximately 2,000 square feet provide 52 indoor seats and a large hood system, giving an experienced operator flexibility across different cuisines. Furniture, fixtures and equipment are included, with 11 employees supporting the operation.

This is an asset sale, and the current business name is excluded. Monthly rent is $10,500 all-inclusive, with approximately five years remaining and a renewal option.

Enquire to review the asset schedule, accounts and lease. Proof of funds and a confidentiality agreement are required.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately five years remain, with a renewal option. Monthly rent is $10,500 all-inclusive.

Leasehold Rent:

$126,000 per annum

Location:

Fairfax, Virginia.

Premises Details:

Approximately 2,000 square feet with 52 indoor seats, a large hood system and furnished, equipped restaurant and bar facilities.

Size in square feet:
2,000 sq ft

Business Operation

Expansion Potential:

Introduce your own name, cuisine and operating approach. The existing business name is excluded from the asset sale.

Reasons for selling:

Retirement.

Employees:
11
Years established:
Est 2016

Other Information

Business closed / Asset sale:
Yes

Listed by

Metropolitan Restaurant Brokerage