Restaurant Franchise
Location: Virginia > Central Virginia
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $275,000
Gross Revenue: $1,295,663
Cash Flow: $83,000
Inventory: $5,000 (Included in Asking Price)
FF&E: $274,000 (Included in Asking Price)
Seller Financing: It is anticipated that a qualified buyer will obtain financing and buyer is responsible for all transfer fees. (Estimated at $1,000)
Business Summary
This is a nationally know franchise restaurant which has been a community fixture for decades. The seating capacity of over 200 includes a banquet room for 50. The restaurant is strategically located on a major North-South highway on an interchange in a growing area. The restaurant has a cluster of 4 motels around it with 2 more being built close by. There is great opportunity to capture new tourist business & continue to service local community.
About the Business
Year Established: 1983
Employees: 6 full time - 21 part time
Franchise: Yes
About the Sale
Reason For Selling: Retirement
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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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