Establish your own brand in historic Leesburg with a restaurant and bar generating approximately $2.1 million in annual sales. Offered at $379,000, the business shows $150,000 in reported annual cash flow, while the owner separately draws a $150,000 salary for a hands-on role of around 50 hours a week.
The approximately 2,800-square-foot premises provide 78 indoor seats, 22 outdoor seats and an equipped kitchen and bar. Hundreds of five-star Google reviews and an existing repeat customer base support the location's trading reputation.
The business name does not transfer, so the buyer must introduce their own branding. The layout accommodates different menus, offering an experienced operator scope to develop a concept suited to the venue.
Monthly rent is $15,684, with a 10-year lease and two five-year renewal options advertised. The seller is retiring.
Enquire to review the accounts, facilities and lease or discuss your proposed concept. Proof of funds is required before confidential details are released.
