Description

Owner's retirement creates this excellent opportunity to acquire a well established, profitable and “Turn Key” full service restaurant in one of Northern Virginia’s most desirable locations. Established in 1987 by its current owners it has enjoyed steady growth and strong profitability over the years and has attracted an ever growing business and travel related clientele, as well as a loyal following of repeat local customers.
Some advantages this business represents:• Consistently high revenue and earnings.• Excellent lease terms• Well documented, verifiable financials. • Well developed systems in place as well as an experienced chef and management team; very little training is required for a new owner to be “up to speed”.• Demographics for the region and specifically in the immediate area of the business are very strong – with a dense population and very high level of disposable income.• This business is a tablecloth restaurant that sells liquor, as opposed to a bar that sells food. Therefore, the hours are more attractive for an owner/operator as well as their staff. Most weeknight’s management and staff exit the restaurant by 11:30 pm, Friday and Saturday 12:00, and Sunday by 10:00 pm. • The business is a local landmark. Operating this well established, highly regarded restaurant offers the experienced restaurateur a very attractive lifestyle.
Experienced operators are invited to inquire. NDA and pre-qualification are required prior to release of our extensive, detailed Confidential Business Review.

Financial Summary

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