Sometimes buying an existing business is easier than starting from scratch.
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:
- Clyde’s at Mark Center — “Transwestern’s Southeast Investment Services Group and Ten-X are pleased to exclusively present 1700 N. Beauregard Street, a 14,980 square foot restaurant fully occupied by Clyde’s at Mark Center, located inside the Beltway in Alexandria, Virginia. 1700 Beauregard Street is walkable to Mark Center (8,000 employees) and is proximate to I-395 (0.6 mi), offering convenient and quick access to all the major employment centers, numerous single and multifamily housing options and popular lifestyle amenities in Alexandria and the DC metro area at large. Property tours are available by appointment.”
- Coffee Cafe in Alexandria — “Coffee cafe in heavy traffic shopping center of Alexandria VA. This coffee shop was established in 2019 and has tons of potential. All the furniture, fixtures and equipment are in perfect condition. Can be converted to fit most menus. The current owner has decided to get out of the food/drink industry and go back to his full time profession. We are now looking for a new owner to take this turn key establishment to the next level. Priced for quick sale.”
- 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.”
- Profitable Sandwich Shop & Deli — “Established in 1955, this well known deli located in a prime location of Alexandria VA is for sale to any qualified buyer. Surrounded by retail and residential on a main road with heavy walking traffic. This restaurant has a very strong following and highly rated on google reviews. The restaurant was completely renovated in 2016 with all brand new furniture, fixtures & high end equipment. The current owner averages a $50,000 cash flow while working limited hours. Do to family circumstances, the owner needs to sell. We are now looking for a new owner/operator to bring this business to the next level.”
- Profitable Dry-Cleaners for Sale in Northern Virginia — “This dry cleaner is well known in the area for high quality and customer service. This family-owned business has been serving the community for over 30 years at the current location. The retail space has recently been remodeled by the landlord. The business is located in a busy area with heavy foot traffic. The equipment as well as the store itself has been meticulously maintained. The seller is very motivated to sell the business and will accept reasonable offers.”
- Two Laundromats For Sale in Northern Virginia — “Two New Laundromats for Sale in Manassas, VA + Alexandria VA. One is recently renovated other is completely new. Brand new laundromat in a great location! 21st century laundromat with card system, customized folding tables, modern design, with high-powered energy efficient machines. Location is about 4000 SF located near many current and upcoming apartment complexes. Long-term 10 tear lease with 5 year option.”
- 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.”
See more Alexandria listings here.
The City of Alexandria has agreed on a 15-year lease for a Mark Center office owned by the Institute for Defense Analyses (IDA), the nonprofit announced today. The lease, which was signed on May 26, will go in effect when the city’s Department of Community and Human Services and Health Department moves into the property at 4850 Mark Center Drive in February 2023.
The city has an option to buy the property and are interested in exploring that option, city spokesman Craig Fifer told ALXnow.
IDA will move out of the property, which it has called home for nearly four decades, and into its new 370,000-square-foot headquarters at Potomac Yard in February 2022, according to a press release. The new facility will be blocks away from the new Potomac Yard Metro station and next door to the Virginia Tech Innovation Campus.
“This is a key milestone in our progress toward Potomac Yard occupancy and continued advancement of our work for our sponsors,” said IDA President and CEO Norton A. Schwartz in a statement. “Eight years ago, we committed to moving into a new building in Potomac Yard equipped with the latest technology and security requirements to better support our growing organization.”
IDA has the mission to “answer the most challenging U.S. security and science policy questions with objective analysis leveraging extraordinary scientific, technical, and analytic expertise,” according to its website.
The deal has been in the works since at least 2018. According to a city memo, it will cost approximately $1.9 million in annual building operating expenses and the city would need nearly $14 million in “upfront tenant fit-out costs.”
Governor Announces Moratorium on Rent Evictions — “The Chief Justice of the Supreme Court of Virginia has granted my request for a temporary moratorium on all eviction proceedings in the Commonwealth through June 28–this action will help keep thousands of Virginia families in their homes amid the ongoing public health crisis.” [Facebook]
Alexandria’s Noah Lyles Reaching National Stardom — “Lyles, who turned 22 last week, might be on the cusp of his own full bloom, from track and field’s next big thing to the face of the sport in America.” [Washington Post]
Frank Fannon Named Living Legend of Alexandria — “From his volunteer position at Agenda: Alexandria, long-time resident and chairman Frank Fannon stays on top of issues that matter to the residents of the city without directly taking sides.” [Zebra]
Office of Historic Alexandria Offering Survey Over Digital Program — “Please take a few minutes to fill out this survey about what you would like to see from OHA digitally in the coming months.” [Facebook]
Port City Brewing Co. Hosting BeerYoga — “BeerYoga classes return virtually with Melody Abella starting weekly this June! It’s a donation-based class and 100% of the money raised from the June classes will go to AGLA – Serving Northern Virginia LGBTQ and Allies in honor of PRIDE month.” [Facebook]
Video: Bishop Ireton High School Creating Diversity & Inclusion Council — “Good morning from the Bishop Ireton Head of School, Kathleen McNutt, on Monday, June 8, 2020 featuring a special message about racial justice and Bishop Ireton’s plans to create a Diversity & Inclusion Council.” [Facebook]
Alexandria Library to Offer Curbside Service — “Residents may be able to start picking up previous holds curbside starting, likely, on June 15.” [Alexandria Living]
Hilton Alexandria Mark Center Hosting Weddings for $1,000 — ” Wedding must take place by December 31, 2020. Offer does not include taxes or service charge. Offers cannot be combined or transferred. Call your romance specialist and director of romance and catering Fatima Ayari at 703.845.7667 for details.” [Facebook]
New Job: Assistant General Manager at Old Navy — “You’re responsible for driving profitable sales growth through all aspects of the store including; customer and product operations, merchandising, and talent development. You are responsible for supporting the execution of the store strategy to achieve performance goals.” [Indeed]
The Mark Center building in Alexandria’s West End could become the new center for screening letters and packages headed to the Pentagon.
The Department of Defense is planning to hold a meeting at the nearby Francis C. Hammond Middle School (4646 Seminary Road) on Thursday, Nov. 14, to provide information about the plan and to answer questions from the community.
All mail and packages delivered to certain military facilities go through screening and protective measures, according to a press release from the City of Alexandria.
The process screens for chemical, biological, radiological, nuclear or explosive threats, with multiple levels of protection to prevent hazards from leaving the screening room. In the 18 years the screening process has been operated, the press release says only one threat — a biological one — was identified and was subsequently contained.
In 2018, it was reported that the Pentagon received two envelopes suspected of containing the deadly toxin ricin. The Washington Examiner noted at the time that the Pentagon’s mail was screened at a facility on the Pentagon reservation.
In the wake of the Sept. 11 attacks, the Pentagon built a massive underground remote processing facility on the west side of the building to screen all deliveries, including mail, into the building.
Newsweek reported in March that another suspicious package prompted a brief evacuation of the Pentagon mail screening facility.
The Mark Center building has a mail screening facility built, but not currently in use. The Pentagon Force Protection Agency plans to start using the mail screening in the Mark Center in early 2020, replacing the temporary facility built after 9/11.
The Mark Center facility is expected to receive an estimated 2,000 letters and packages per day.
“While we have made it clear to Pentagon officials that we don’t want additional sensitive deliveries brought to Alexandria for screening,” Mayor Justin Wilson said in a press release, “we will continue to work with our federal partners to ensure that all risks are properly mitigated.”
Staff photo by Jay Westcott