Absentee Owned Full Service Restaurant & Banquet Hall MRB VA 1502

Arlington, VA
listing image
Asking Price:$475,000
Rent:$12,000/Month
Gross Revenue:$1,300,000
BUSINESS DESCRIPTION

Looking to own a spacious, versatile restaurant and banquet hall in the heart of Arlington, Virginia? This is an incredible opportunity to acquire a high-traffic, turn-key venue that is already approved for hookah, making it ideal for hosting events, parties, and upscale dining experiences.

Property Highlights:

• Prime Location: Situated on a high-traffic road in Arlington, providing excellent visibility and accessibility to a steady stream of customers.
• Ample Space: Expansive dining area and banquet hall that can accommodate both large gatherings and intimate dinners. Perfect for weddings, corporate events, and private parties.
• Hookah Approved: A rare, value-added feature that allows you to cater to a unique clientele seeking an elevated nightlife and dining experience.
• Great Rent: Favorable lease terms make this an exceptional investment opportunity in one of Arlington’s thriving neighborhoods.
• Size: 10,000 sq. ft. with a seating capacity of 150, offering ample space for dining, events, and private parties.
• Sales: Generates impressive annual sales of $1,300,000.
• Rent: Competitive monthly rent of $12,000, ensuring profitability in this prime Arlington location with a 10 year lease term.
• Staff: 8 experienced employees ready to continue serving patrons and assisting with a smooth transition.

With its ideal location, approved hookah license, and large capacity, this restaurant and banquet hall has everything you need to become Arlington’s next premier dining and event destination.

Don’t miss out! Contact us today for more details and to schedule a tour.


DETAILED INFORMATION
Location
Arlington, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
10,000
Employees
8
Facilities
Fully furnished & equipped.
Competition
Hookah approved!!!
Growth & Expansion
Great opportunity for a hands on owner operator to take over this turn key restaurant and bring it to the next level.
Reason for Selling
Busy with other businesses
Report an Issue with this listing
Sam Saa