It’s a tough time for many, but there are also opportunities.
We took a look through Alexandria listings of the website BizBuySell and found a number of businesses for sale. Many are restaurants, which have been heavily impacted the last several months due to the pandemic.
The website aggregates numerous business sale listings. The names of the businesses and their locations are generally left out of the listing.
Reasons for selling, when provided, typically do not mention economic hardship, but more often involve the owner retiring or not having time to actively manage the business.
Here are some that are currently listed in Alexandria:
- Absentee-Owner Gourmet Pizza & Italian With Loyal Following — “This high-visibility restaurant has long been a destination and neighborhood favorite with locals – it continues to enjoy a following as a gourmet take-out option for pizza and all Italian cuisine favorites. Purchased in 2019 as a decades-old chef-owned establishment, the new owner invested in a complete turn around, nearly doubling sales and converting the business model to absentee ownership. Owner has refrained from applying for PPP or other SBA loans so that new owner might be able to take advantage of those opportunities.”
- Beautiful Hair & Nail Spa for Sale/ Price reduced — “Great opportunity!!! Serious Inquiries only. Beautiful and well established Hair & Nail Spa for Sale in a very busy shopping center. Seller is retiring after many successful years in the business. Beautiful & Very efficiently designed. 6 years old Spa. Established, loyal customers. Reasonable rent & excellent location. 10 Hair stations, 5 Dryers, 3 Shampoo stations, 8 Manicure Tables, 8 Pedicure chairs, 3 Waxing rooms, 2 Facial Rooms, 1 Body scrub. There is plenty of room to expand. Room to grow by improving social media and other marketing and adding massage service.”
- Restaurant & Bar Approved for Hookah MRB VA 943 — “HOOKAH CAN BE ADDED. APPROVED BY LANDLORD. Profitable restaurant, bar & lounge for sale in Alexandria. Hookah will drastically increase sales and profits. Currently patrons can enjoy live bands, dancing, DJs and karaoke nightly. With a capacity of 370, this 2 level establishment is perfect for private events, birthdays or work outings. The first floor is separated into two rooms with a dining area, bar and dance floor with stage/DJ booth while the 2nd room has a large bar, DJ booth and dance floor. The top floor is used for the current owners office, as well as storage, bathrooms and employee lounge.”
- Unique Restaurant for Sale in VA — “Unique Restaurant- 9,970 SF. Price Reduction. This business must be visited to be appreciated. It offers 9,970 sf with 2 full dining rooms (70 seats in each dining room) and 3 bars (100 bar seats in total). It is one of the few locations in the area that can accommodate multiple, large, separate dining events (private parties, fundraisers, etc. There is a huge kitchen with new compressors on all refrigeration, 3 walk-ins and a large basement for storage. They are currently open 6 days. This year sales are averaging 48-51K/wk with consistent growth ($2.7 mil. in gross sales projected for this year) with a net profit of approx. $265,000.00.”
- Sandwich Shop/Deli Alexandria Va — “I have a client who is ready to retire and has a sandwich shop/deli ready to sell. NO BROKERS. Substantial net positive cash flow after 31 years in business. Excellent old town location. Extended Lease. Business currently operates 6 days per week for breakfast and lunch until 6 so opportunity to extend hours and days under current SUP. No alcohol but license possible. Delivery and growing catering business add to profits. Accountant attested books. Must have a friendly personality to be successful. Employees likely to stay. NDA required for confidentiality. Great opportunity for hard working entrepreneur.”
- Mexican Restaurant and Bar — “This Profitable Mexican Restaurant for Sale has been open and operating profitably for eight years. The location is on a high traffic road and surrounded by residential. This is a turnkey situation on a restaurant that has been grossing in excess of $840,000 annually with profits to an absentee owner of $80,000 annually. Nice full service bar. Outdoor Seating!! Great opportunity for a new on hand owner/operator to take this business to the next level. “
- 5 Days Open Deli in Office Complex — “Italian gourmet deli sandwich shop running 5 days (7AM ~9PM). Nestled in a well known office and residential complex.”
- Established & Well-Known Hair Salon in Old Town Alexandria — “Great opportunity to own a well-known hair salon that has been established for over 30 years in Old Town Alexandria. The business is ideally located on a prominent thoroughfare with excellent street visibility. The salon owners have done an excellent job building a successful salon with reliable revenue and cash flow over the years. There is a stable client base, but there is also plenty of room to grow and expand the business.”
- Asian Restaurant and Sushi Bar for Sale — “Established Business for Sale. Owner is looking to retire from business. All equipment is owned and in good condition, except the dishwasher is leased. Asking price is negotiable, send your offers!”
- Specialty Gift & Souvenir Boutique in the Heart of Old Town Alexandria — “Unique opportunity to own a specialty gift and souvenir shop in the heart of the Old Town Alexandria. The boutique is located in a high traffic part of Old Town and has been a destination shopping destination to both locals and tourists for decades.”
- Upscale Sushi & Grill Restaurant — “This restaurant has been established over 25 years and has served residents and corporate customers with high esteem. The demand of the proprietary hibachi dishes cooked at table grills in a large space with Potomac views has been consistent. Lots of fun in dining and watching the cooks toss the pieces of steak and shrimps. Solid market command.”
See more Alexandria listings here.