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Established Asian restaurant in excellent location

Annandale, VA
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Asking Price:$329,000
Established Year:2019
Rent:$9,156/Month
Listing ID: 2317162Listing provided by BizBuySell
BUSINESS DESCRIPTION

Asian specialty cuisine located in a high traffic corner, considered to be one of the most sought-after locations in Northern Virginia serving Fairfax, Annandale and Alexandria residents. Center is anchored by several large, well-known and destination-driven retailers. Currently furnished for 75 seats. All furniture and equipment are well-kept and in great working condition. Favorable lease terms with 8 years remaining.

DETAILED INFORMATION
Location
Annandale, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
30/09/2032
Employees
6
Facilities
2024 Average Income in surrounding area (est.) 1 mile - $176,447 Population 10,573 3 mile - $159,307 Population 139,422 5 mile - $167,499 Population 430,946 Center is well-known to many local residents.
Competition
Centrally located surrounded by a large population with a good mix of ethnic groups.
Growth & Expansion
Current menu can be expanded for more variety. Opportunity to offer catering for private home parties. Menu can be changed to other types of cuisine not already offered in the center
Financing
None
Support & Training
Negotiable
Reason for Selling
Owner moving out-of-state.
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Hong Pham
Phone Number
Hong Pham
Call Phone