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Listed by:

Metropolitan Restaurant Brokerage

Springfield Restaurant and Bar for Your Own Brand For Sale

Springfield, Virginia, US
Asking Price:
$179,000 Furniture / Fixtures included
Sales Revenue:
$900,000
Cash Flow:
On request

Bring your own brand and recipes to an established Springfield restaurant and bar offered at $179,000. Trading since 2015, the business generates approximately $900,000 in annual sales while opening five days a week.

The approximately 1,200-square-foot premises include an equipped kitchen, furnished interior and bar, with seven experienced employees supporting operations. The setup is suited to a buyer developing a kabob, Mediterranean or Middle Eastern menu.

The current name and recipes do not transfer. Monthly rent is $6,200, with a 10-year lease and a five-year renewal option advertised.

The seller is retiring. Enquire to review the accounts, equipment and lease or discuss how your concept could use the existing facilities.

Property Information

Real Estate:

Lease

Lease Terms:

A 10-year lease with a five-year renewal option is advertised. Monthly rent is $6,200.

Leasehold Rent:

$74,400 per annum

Location:

Springfield, Virginia.

Premises Details:

Approximately 1,200 square feet with furnished, equipped kitchen and bar facilities.

Size in square feet:
1,200 sq ft

Business Operation

Expansion Potential:

Introduce your own brand, recipes and compatible menu. The existing name and recipes are excluded from the sale

Reasons for selling:

Retirement.

Trading hours:

Five days per week.

Employees:
7
Years established:
2015

Listed by

Metropolitan Restaurant Brokerage