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Listed by:

Metropolitan Restaurant Brokerage

Established Sterling Restaurant With Versatile Equipped Kitchen For Sale

Sterling, Virginia, US
Asking Price:
$309,000 Furniture / Fixtures included
Sales Revenue:
$1,090,312
Cash Flow:
On request

Bring your next food concept to an established Sterling restaurant with approximately $1,090,312 in annual sales. Offered at $309,000, this fast-casual business has traded since 2012 and combines a furnished interior with an equipped commercial kitchen.

The approximately 1,800-square-foot premises provide 45 seats in a busy shopping center. The kitchen and layout can accommodate a range of menus, offering flexibility for an experienced restaurateur or family seeking an existing trading location.

The seller reports owner earnings close to $200,000 a year from a hands-on role. Buyers can review the accounts and management requirements to assess the opportunity against their own plans.

Monthly rent is $7,826. The current lease expires on May 31, 2027, with a renewal option, making the renewal arrangements an important part of the acquisition review.

The owner is retiring, and support and training are available. Enquire to review the financials, kitchen and lease. Proof of funds and restaurant experience may be required.

Property Information

Real Estate:

Lease

Lease Terms:

The lease expires on May 31, 2027, with a renewal option. Monthly rent is $7,826.

Leasehold Rent:

$93,912 per annum

Location:

Sterling, Northern Virginia, within a busy shopping center.

Premises Details:

Approximately 1,800 square feet with 45 seats, a furnished dining area and an equipped commercial kitchen suited to different menus.

Size in square feet:
1,800 sq ft

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Build on the existing trade or introduce a menu suited to the kitchen and established shopping-center setting.

Reasons for selling:

Retirement.

Employees:
Trained staff are in place.
Years established:
Established in 2012.

Other Information

Support & training:

Support and training are available.

Listed by

Metropolitan Restaurant Brokerage