Contemporary Upscale Restaurant in Fredericksburg right off I-95

Fredericksburg, VA (Fredericksburg City County)

Seller Financing Available
Contemporary Upscale Restaurant in Fredericksburg right off I-95

Asking Price:$348,000

Cash Flow:$100,000

Gross Revenue:$500,000

EBITDA:N/A

FF&E:$250,000

Inventory:$20,000

Established:N/A

Contemporary Upscale Restaurant in Fredericksburg right off I-95

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Business Description

Take a look at this one today!!!

The inspiration for this restaurant is the realization that there is a need for an upscale restaurant that can provide high-quality food and beverage business with excellent service at a fair price. This restaurant locates at the prime location of Fredericksburg surrounded by major shopping centers and business offices right off I-95. Restaurant serves all American contemporary cuisine infused by Asian, Italian and South American flavors. It is also a great place for a cocktail and brew after a long day of work during the happy hour. Elegant party room is also available for hosting corporate meetings and holiday events. With proper targeted marketing campaign the potential for growth within this community area will allow a new owner to continue to see year over year growth for the foreseeable future.

• Tracking $400,000+ in annual sales with growth potential.
• Casual dining with white-tablecloth upscale service at a good price
• Staff in place allows for absentee ownership if desired.
• Great opportunity for local Fredericksburg night life business with proper set up.
• Elegant party room is available for holding corporate meetings and holiday events.
• Current location is at the heart of Fredericksburg with major shopping centers and business offices right off I-95.
• Excellent acquisition opportunity to start a Fredericksburg landmark in hospitality and restaurant business.
• 6,000 sq. ft. overall facility

Detailed Information

Inventory:
Included in asking price
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
174000.00
Support & Training:
4 weeks
Reason for Selling:
other business interests

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Lex Meredith

Business Listed By:
Lex Meredith

Transworld Business Advisors

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