Business Summary

Trade Name: Flippin Pizza [VA-886] James Lin
Legal Name: Good Eats Reston, LLC
Address: 6544 Little River Tnpkke Rockville Pike
City, St, Zip: Alexandria, VA 220312
Entity Type: Sole-P Partner * Corp State Of
Type of Sale: Asset Stock
Showing: By Appointment * Special – Confidential

* General information

License: Beer on premise
Rights: Pizza
Orig.Cost: $300000
Directions: RT.236 & Braddock Road @ Pinecrest Plaza

* Restaurant Specific information

Seating: Dining 50 Party Room Bar/ Lounge
Breakdown%: Dine-in 40% Carryout 30% Delivery 30%
Cost%: Food 24% Others

* Term of Sales

Cash Down: TBD
Financing Owner: * Assum Others
Exclusion: Inven.* $2000 Sec. Dep.

* Lease data

Rent/ Month: $6402 incl.NNN
Rentable Sf: $1600 + or -
Deposit: TBD
Lease Type: NNN Gross Full-ser
Terms: Forms: 2008 to: 2018
Options: 2 of 5 (TBD)
Landlord: Realco - Eden
Assignment: $2000
Parkings: Plenty
Signage: Two Sides

* Notes

- Royalty is only 3% starting 2014. $12500 Franchise Fee.
- Hands on owner can save $3000 /mo. - General manger $2000 /mo. Regional Manger.
- $100000 cash flow annually is very steady.

Property Details

Other Business Details

Business Operation Details

Miscellaneous Details