Dominant Turn-Key Latin Family Restaurant

Virginia Beach, VA (Virginia Beach City County)

Dominant Turn-Key Latin Family Restaurant

Asking Price:$448,000

Cash Flow:$177,000

Gross Revenue:$706,800

EBITDA:N/A

FF&E:$100,000

Inventory:$4,000*

Established:N/A

*not included in asking price.

Dominant Turn-Key Latin Family Restaurant

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Business Description

This restaurant resides at the end of a busy shopping center with plenty of parking. The space has been updated with a bar, dance floor, and new kitchen appliances in the past 3 years. The restaurant converts into a dance club on Friday and Saturday nights. Product mix is 80% Food and 20% alcohol sales, providing ample growth prospects. Kitchen, wait, and bar staff are best-in-class and would like to stay on with new ownership as they are dedicated to their loyal clientele.

The restaurant has recently started catering operations as a result of customer demand and delicious menu. If you’re looking for a dominant, well-run, profitable, family-style restaurant, serving a dedicated customer base with a distinct Latin style, call or email now!

As always, other brokers with qualified buyers are welcome to inquire about any of our opportunities. Bring your qualified buyers!

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks
Reason for Selling:
moving out of state

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Lex Meredith

Business Listed By:
Lex Meredith

Transworld Business Advisors

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