Country Style Restaurant
Location: Virginia
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $225,000
Gross Revenue: $475,000
Gross Revenue Comments: ABC just added will increase bottom line.
Cash Flow Comments: Discuss SDE Seller's Discretionary Earnings with Owner.
Inventory: $6,000 (Not Included in Asking Price)
Real Estate: $800,000 (Not Included in Asking Price)
Seller Financing: Seller to cash out at settlement. FF&E to be determined at time of contract and to be included in selling price.
Business Summary
This is a rustic 2,100 square foot TWO STORY building located in a well established community on the main street of Historic Culpeper corner with lots of traffic. It has 80 seats, ample parking and is licensed ABC. Specializes in Fresh Seafood, BIG Country Breakfast’s and BBQ. Apartments upstairs add to the cash flow.
About the Business
Year Established: 1979
Employees: 6 full time - 6 part time
Facilities: A well built and well maintained older building in the heart of town, West of Fredericksburg. Has three apartments upstairs that can be used for owner's dwelling or to increase cash flow.
Market Outlook and Competition: Stable market with established customers. Excellent repluation for plain good country cooking!
About the Sale
Management Training and Support: Owner will train for 8 hours per day for 30 days.
Reason For Selling: Owner wants to relocate to be with family.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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