Profitable Casual Restaurant W/ Real Estate For Under $400,000!
Location: Virginia > Southampton County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $395,000
Gross Revenue: $625,000
Gross Revenue Comments: provable
Cash Flow: $90,000
Cash Flow Comments: provable
Inventory: $5,000 (Included in Asking Price)
FF&E: $75,000 (Included in Asking Price)
Real Estate: $219,500 (Included in Asking Price)
Business Summary
This is a wonderful opportunity to own a very established (10 years old) casual dining restaurant that has proven profitability and a loyal and regular customer following. Plus, you can buy this popular business and real estate all together for under $400,000!
About the Business
Year Established: 1998
Employees: 7 full time - 14 part time
Facilities: 3,000 sq. ft. freestanding building on a busy roadway w/ 1 plus acres of land
Market Outlook and Competition: A very popular restaurant in a very growing county with a lot of land to build on.
About the Sale
Management Training and Support: Seller will provide
Reason For Selling: owner focused on other pursuits
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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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