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Listed by:

Metropolitan Restaurant Brokerage

McLean Restaurant and Bar With Long Lease For Sale

Mclean, Virginia, US
Asking Price:
$599,000 Furniture / Fixtures included
Sales Revenue:
$2,623,077
Cash Flow:
$228,000

Acquire a McLean restaurant and bar generating approximately $2,623,077 in annual sales and $228,000 in reported annual owner cash flow. Offered at $599,000, the business also reports an owner salary of approximately $135,000, stated separately from cash flow.

The approximately 4,000-square-foot venue provides 125 indoor seats and 26 patio seats. A furnished interior, equipped kitchen and team of 28 support an operation with an extensive positive online review history.

Monthly rent is $13,378, with approximately 11 years remaining and a five-year renewal option. The seller is retiring, with support and training available.

Enquire to review the accounts, owner responsibilities and lease. A confidentiality agreement and proof of funds are required.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately 11 years remain, with a five-year renewal option. Monthly rent is $13,378.

Leasehold Rent:

$160,536 per annum

Premises Details:

Approximately 4,000 square feet with 125 indoor seats, 26 patio seats and furnished, equipped restaurant and bar facilities.

Size in square feet:
4,000 sq ft

Business Operation

Expansion Potential:

Continue the established restaurant offer or assess a menu suited to the venue and customer market.

Reasons for selling:

Retirement.

Employees:
28 well trained employees.
Years established:
5 Years

Other Information

Support & training:

Support and training are available.

Listed by

Metropolitan Restaurant Brokerage