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#5760
Virgina Restaurants For Sale

Italian Restaurant With Full Liquor License

$600,000
Available
Italian Restaurant With Full Liquor License



ADD TO FAVORITE

• Nice sized, well established freestanding restaurant sits on 1.24 acres on busy Main thoroughfare (24,000 cars daily).
• This nicely decorated restaurant features a patio that seats 36 outside and the inside dining seats 240 in 3 dining areas.
• The bar has 2, 4 tap beer towers, plenty of large screen TV’s throughout, ceiling fans and a tiled floor. It seats 8 at the bar and has 96 seats surrounding the bar
• There is a large Buffet area for brunches and an open cook station with a grill & hood to service this area.
• The dining room features a brick oven (gas) pizza station and has 2 dining areas. There is also a children’s area that has seating and games.
• The very large kitchen has pizza ovens, a full cook line with a 12’ hood, very large walk-in refrigerator and a spacious prep area.
• There is plenty of storage on the second floor.
• The parking lot has 80 parking spaces.
• There are 5 years left on the lease with 2, five-year options.
• The rent is $8,630/month.
• Sales are averaging almost $25,000/week.
• Full liquor license.

This is a Restaurant Brokers and Developers, Inc. listing.
Broker Jim McGinnis DRE License #79447

Lease

Region:
Virgina Restaurants For Sale
Total Monthly Rent:
$8,630

Financials

Last Year's Annual Gross:
$1,290,000

Operations

Liquor License:
Full, 7 day
# of Full-Time Employees:
5
# of Part-Time Employees:
20
Hours Open:
11:30 am- 9:00 pm
Year Established:
2005

Facilities

Indoor Seating:
240
Outdoor Seating:
36
# of Parking Spots:
private lot
Inside Sq. Ft.:
8,400
Outside Sq. Ft.:
300
Total Building Sq. Ft.:

Highlights

  • Freestanding Building near Washington DC
  • Italian menu known for their Pizza
  • Full Liquor LIcense
  • Outdoor Patio
  • Low rental rate
  • Long term lease
  • Full Bar
  • 24,000 cars a day traffic count

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 28,153 181,235 431,492
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,414 73,322 173,184
2010 Persons Per Household 2.59 2.38 2.37
Median House Value $383,800 $377,054 $426,229
Income Per Household $108,482 $87,114 $92,149
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 620 3,392 10,028
2012 Number Of Employees 16,572 114,458 333,654
2012 Total Annual Payroll $502,195,000 $2,749,661,000 $4,294,967,295

click for more demographic info

Disclaimer

Although information contained herein is from sources deemed reliable, such information has not been verified by Restaurant Brokers and Developers, Inc. and is submitted subject to errors, omissions, change of price or withdrawal or further change without notice. Prospective purchasers should conduct their own study & due diligence to determine the feasibility of the business and property as to their requirements.

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