Long Established Restaurant

Fredericksburg, VA (Spotsylvania County)

Seller Financing Available
Long Established Restaurant

Asking Price:$295,000

Cash Flow:$150,000

Gross Revenue:$750,000

EBITDA:N/A

FF&E:$50,000

Inventory:$15,000

Real Estate:$1,500,000*

Established:1994

*not included in asking price.

Long Established Restaurant

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Business Description

Long Well Established Restaurant

We have a well established business along with a very loyal clientele. We have been in business for over 20years at the same location and have expanded our business by increasing the physical size of the building. It is time for our family to move on and pass this successful business to the next person(s) we feel is qualified. We are looking for an experienced buyer with a passion for this bussinss and understands what is involved in running this type of operation.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Self Standing Building with plenty of parking and full kitchen and stock (Home Based)
Growth & Expansion:
This business does very well and we are only open 6 days a week. There is potential to open one more day and expand hours pass 8pm (our usual closing time)
Financing:
200K down 95K at 11%
Support & Training:
Will assist up to 6 months
Reason for Selling:
Time to move on after 20 plus successfull years.
Home-Based:
This business is Home-Based

Listing Statistics for Premium Members

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Business Listed By:
Elias Yannitsadis

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