Update on 8/29/22 — Sources from Momo Sushi & Cafe have reached out to ALXnow to say the restaurant is not for sale and the listing on BizBuySell has been taken down.
Earlier: After 17 years in Old Town, Momo Sushi & Cafe is for sale.
The restaurant at 212 Queen Street is selling for $1.7 million.
“This business has been conservatively valued at a sale value of $1.7M with property making this Japanese Restaurant an excellent opportunity for a qualified new owner based on its track record of profitability,” according to a listing on BizBuySell. “It’s been in business for 17 years, contains all the trade furnishings of a restaurant with a loyal customer base.”
There are a number of businesses up for grabs in the city, according to BizBuySell. Reasons for selling, when provided, typically do not mention economic hardship, but more often involve the owner retiring or not having time to actively run the business.
Here are some that are currently listed:
- Momo Sushi in Old Town — “This business has been conservatively valued at a sale value of $1.7M with property making this Japanese Restaurant an excellent opportunity for a qualified new owner based on its track record of profitability. It’s been in business for 17 years, contains all the trade furnishings of a restaurant with a loyal customer base.”
- Profitable High Volume BBQ Restaurant — “High volume and high profit BBQ restaurant for sale in Alexandria VA. This restaurant has been in business for 7 years and has an outstanding reputation in Northern VA. Serving the highest quality meats with the best spices and sauces in the area. Located on a high traffic and heavily populated road in Alexandria. The sales from 2021 exceeded $900,000 with the owner profiting $150,000. Excellent opportunity for a new hands on owner to take this turn key business to the next level. Catering van included in purchase price. Option to buy food truck for an additional $35,000.”
- Flower shop in Old Town — “Our flower shop has unsurpassed style and creativity and has been featured in Washingtonian magazine’s ‘Best of Old Town,’ showcased in the national publication ‘The Knot’ and earned the prestigious WeddingWire ‘Bride’s Choice Award’ for best wedding florists in Alexandria VA.”
- Nail salon — “Established, nice nail salon/spa with good income available for sale in the Falls Church, Alexandria area. Good rent. Potential for growth if adding more nail techs. Nail services comprise 80% of the business, the rest is hair services. Highly visible from main road. Good reviews. Nice and well decorated. Owner can stay and work on a part time basis. Staff will stay if new owner want. 1,700 square feet. Current lay out has 6 pedicure chairs, 8 manicure tables, 2 hair stations, 2 shampoo stations, 2 rooms for facial/waxing services. Owner prefers cash but can provide short term financing with substantial down payment. Priced to sell. Don’t miss this opportunity.”
- Former hair salon in Fairlington — “Formerly a hair salon by the name of Primary Colors, a hair salon that was in business for twenty years. Now the space is open, and is still built out to be a hair salon, but the space can also be altered to become a different business.”
- Deli with R.E. property — The owner is retiring after 30 years in business. The restaurant is open five days a week for breakfast and lunch.
- Sushi restaurant — This restaurant has been in Alexandria for 20 years and is closing due to a family issue.
- Dog Boutique Accessories and Food — “Incredible dog boutique store in charming and wealthy Old Town Alexandria. The business has been growing since inception in 2010.The high visibility location draws in hundreds of customers each week. This business does NOT sell or re-home dogs.”
- Restaurant and Bar — “Full service restaurant & bar located in the heart of Alexandria. This restaurant is in a prime location on a main road surrounded by residential, retail and office buildings with high walking traffic. Highly sought after area in Alexandria. This large restaurant seats 250 people inside with outdoor seating as well. High end furniture & fixtures along with a full service bar surrounded by TVs. Large kitchen with top of the line equipment ready for any menu. This restaurant can be converted to fit most menus & concepts. Great opportunity for anyone looking to expand a current restaurant to the next level.”
- Well-established laundromat — “All Washer and Driers in Excellent condition. NO Coin! Card only! Owner stops by the store once a week. 50 washers, 52 Driers.”
- Profitable High Volume Bakery & Cafe MRB VA 1107 — “By purchasing this Bakery, Café, and Catering Company that is for sale in a very busy shopping center in Fairfax County, Virginia and you will be ready for business your first day! This well-known operation produces $1.8 million from its multiple foodservice revenue streams. It is Fully Equipped and gives you the opportunity to serve up a full restaurant menu, special occasion cakes, sweet treat pastries, and baked goods, including gluten-free items, sugar-free treats, and food for allergy-sensitive patrons.”
- Profitable restaurant for sale — “Great location, great visibility, long lease term, plenty of parking spaces, in a busy shopping center with many other businesses that crowded with customers on the daily basic, this restaurant is built up from the cold cell condition with new kitchen equipment, freezer, cooler, HVAC….., that’s clean and presenting a long useful life for new owner to do business in years to come without any major upgrading. This restaurant can be converting to other cuisine given there is no other restaurant of that cuisine is currently operated within the shopping center.”
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