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Listed by:

Metropolitan Restaurant Brokerage

Modern Alexandria Restaurant and Bar with Outdoor Seating For Sale

Alexandria, Virginia, US
Asking Price:
$600,000 Furniture / Fixtures included
Sales Revenue:
$2,274,162
Cash Flow:
On request

Acquire a modern Alexandria fast-casual restaurant and bar with approximately $2,274,162 in annual sales. Offered at $600,000 and established in 2021, the business has an existing local following and a contemporary furnished interior.

The approximately 2,800-square-foot premises provide 40 seats, outdoor seating and a large full-service bar. A 30-person team supports the existing operation, with furniture, fixtures and equipment included.

Monthly rent is $12,353. A 10-year lease with two five-year renewal options is advertised, offering an experienced buyer a defined framework for longer-term planning.

The owner is occupied with other concepts, and support and training are available. Enquire to discuss the financials, lease and management requirements.

Property Information

Real Estate:

Lease

Lease Terms:

A 10-year lease with two five-year renewal options is advertised. Monthly rent is $12,353.

Leasehold Rent:

$148,236 per annum

Location:

Alexandria, Virginia.

Premises Details:

Approximately 2,800 square feet with 40 seats, outdoor seating and a large full-service bar.

Size in square feet:
2,800 sq ft

Business Operation

Expansion Potential:

Build on the existing restaurant and bar customer base through active management and operational development.

Reasons for selling:

The owner has limited time to oversee this location alongside other commitments.

Employees:
30 employees.
Years established:
Established in 2021

Other Information

Support & training:

Support and training are available.

Listed by

Metropolitan Restaurant Brokerage