Great Sports Themed Wing Grill - 10674

Richmond City County, VA

Great Sports Themed Wing Grill  - 10674

Asking Price:$120,000

Cash Flow:N/A

Gross Revenue:$107,878

EBITDA:N/A

FF&E:$90,870

Inventory:$2,000

Established:3

Great Sports Themed Wing Grill - 10674

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Business Description

BUY FOR LESS THAN ASSET VALUE! Very well located and fully equipped sports themed restaurant in busy shopping center offering eat-in/take-out wings, burgers, sandwich type menu with beer/wine. Less than one mile from I-95 exit, the restaurant is next to several nationally recognized anchor stores. Seating for 30 with ample parking, sales in 2008 are running 23% ahead of 2007 and 30% ahead of 2006 without advertising. Absentee owners have caused a negative cash flow due to allowing expenses to far exceed industry norms. Business is very viable for a hands on owner-operator and is being sold at near asset value. Fixtures and equipment worth $90,870 convey with business as well as $180,000 of amortizable leasehold improvements.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
120,000.00 Down & Negotiable
Support & Training:
the seller will train the new buyer.
Reason for Selling:
Seller's other business/occupation limit time resources to be a hands-on owner a

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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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