#Business ID: 20104
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Business Location: Nova, Prince William, Virginia, United States
Asking Price: BUSINESS SOLD | Revenue: $ 962,253 | Cash Flow: $ 90,934 |
3000 Sq ft.
2010
Lease
$ 60,000
$ 10,000
The 3,000 sq ft space leased for approx $2750/ mo is actually a historic home that was professionally converted to a restaurant with a service kitchen, prep kitchen, dining rooms, office and storage. It’s very quaint, unique, and homey. There is also a large, beautiful brick patio for seating during the spring, summer and fall months that allow for a great ambiance, especially when there is live music to fill the air. This is a must see, you will fall in love!
There is standard restaurant competition in the area and few in the immediate area where this gem is located. Most restaurants in the area consist mostly of national franchise/ chain restaurants and the few in the immediate area are of no direct competition as they are your typical American Restaurant or Cafe, there is no restaurant like this offering a quaint European atmosphere with such a wide variety of Belgium and Craft Beers, and authentic light European fare around within a 25 mile radius with indoor and outdoor dining for lunch, dinner and brunch. This market is full of affluent people in their late 20’s and up, which enjoy the unique experience this restaurant has to offer, keep it the same or change it to your own concept.
The restaurant has seen growth year over year due to its popularity, in fact they just took over a space next door which should help boost revenue even more! With such a unique, quaint, restaurant like this it could easily be franchised or you can open up your own locations in other parts of Northern VA. For this particular location there are several things that can be done to increase revenue; you can add delivery and takeout, expand business hours to be open on Monday and serve lunch on Tuesday like every other day of the week, you could add breakfast, you can add weekday lunch items to cater to new customers. A new owner may want to increase local marketing and they can easily expand the beer and wine menu to any level, the possibilities of growth are endless!
14-21
Mon: Closed Tue: 4pm-10pm Wed- Sat: 11am-10pm Sunday: 10am-3pm
Seller will offer necessary training & support as needed.
Yes
Available depending on the final purchase price, terms and qualifications of the buyer.
The seller built something cool and is ready to pursue new endeavors.
Follow your passion - find and buy the business that fits your dream. Buy it Safely!!