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STONE'S COVE KITBAR

MRBVA # 1364

2403 Centreville Rd

Herndon VA 20171

KEY FACTS FOR THIS PROPERTY

  • STONE'S COVE KITBAR is an absentee-owned highly-profitable restaurant & bar located in a high-traffic area of Herndon, VA

  • With a state-of-the-art build-out it has a large full service bar surrounded by TVs, outdoor patio seating and a spacious fully equipped kitchen. All furniture, equipment, and fixtures are included in the sale.

  • Price: $650,000

  • Sales: $1,600,000

  • Cash Flow: $225,000 (absentee)

  • Rent: $13,200

  • Size: 4,000sf

  • Seats: 148 in & out

  • Established: 2011

  • Employees: 25

  • MUST SHOW PROOF OF FUNDS

Business Description
High profit & high volume full service restaurant located in a heavy traffic shopping center for sale:
This restaurant has been in business since 2011 and has made a tremendous name for itself in Northern Virginia with thousands of 5 star reviews on yelp, google and TripAdvisor. Very low rent and a very favorable lease with 8 years left plus option. Total turn key operation with all FF&E, state of the art build out, equipment in place, experienced staff & managers including a General Manager. Most staff have been here for more than 5 years and some 10+ years (a rare trait to find). Large full service bar surrounded by TVs, outdoor patio seating and a spacious fully equipped kitchen. The current owner is ABSENTEE. Gross Sales 2.3 million pre-covid with approximate Cash Flow of $400K & 1.64 million in 2023 with approximate Cash Flow $221K. Great opportunity for any experienced restauranteur. Must show proof of funds.
 

Thank you for your interest in this property!  PLEASE READ OUR DISCLAIMER AND GUIDE FOR VIEWING THIS PROPERTY.

If you have a serious interest in this property and would like to schedule a tour to see it, or others like it in the Greater DC Market Area, we would love to help you in your search. Metropolitan Restaurant Brokers is the largest 'Food Service Business Only' broker in the DC market and has been for years.

EMAIL US AT CONTACT@METRORESTAURANTBROKERS.COM Subject Line: MRBVA #1364

To see the rest of our inventory of properties - click here

REASONS TO BUY:

  • An established turn-key opportunity or convert to your menu/concept

  • Some listings will qualify for an all-cash deal pricing discount at the discretion of the seller and/or some owner finance would be considered

  • Less to buy than build | You can be open for business in days.

  • Owners have laid a foundation of buildout for limitless potential

Before you view this property read this:

  • Drive by and enter as a customer at busy times only.

  • Employees do not know the business is for sale - PLEASE do not share your interest with them or the owner

  • If you would like to schedule a tour of this restaurant - contact us: contact@metrorestaurantbrokers.com

  • Put Tour MRBVA 1364 in the subject line

DISCLAIMER - PLEASE NOTE, all financial information provided herein has been obtained from the owner of the business. To our knowledge, it was done truthfully and accurately and is free of all material misstatements. The Broker is relying on the seller for accuracy and completeness of said information, has no knowledge of the accuracy of said information, and makes no warranty, express or implied, as to such information. The Broker does not give tax, accounting, or legal advice. The purchaser hereby agrees that the Broker is not responsible for the accuracy of any information received.

Do not share this information with anyone. As a recipient of this Abstract, you are legally bound by the terms of the Confidentiality Agreement you signed. Please NEVER, under ANY circumstances, speak with the Owner or the employees of this business without a Broker present! Employees DO NOT know this business is for sale.

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