The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Midlothian Restaurant w/Bar & Entertainment Zoning

Midlothian, Virginia (Chesterfield County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $130,000 Inventory $2,500* 
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 1978
FF&E $160,000* Employees 2 Full/5 Part

* included in the asking price

** not included in the asking price

PRICE REDUCED! Zoning and Use Permit in place for restaurant, bar, entertainment and live music!! This has been a profitable restaurant location for 30+ years. The current owner completely renovated the interior (new finishes, fully repainted, new ceilings, ceramic tile floors in dining area, hardwood floors in lounge, new lighting, completely new kitchen, 4 newly finished bathrooms) at a cost in excess of $260,000. Change in family business interests dictates owners sacrifice this opportunity to a qualified restaurateur/caterer/bar entrepreneur. The current business license is one of the few in Midlothian which will permit late night entertainment and bar/lounge sales until 2 AM on weekends. Don't miss this opportunity.

Facilities: 4,500 sq. ft. restaurant, lounge and late night entertainment in attractive strip mall. Interior finishes are virtually new: tiled floors in dining area, dark hardwood floors in lounge. Interior completely repainted and nicely appointed.

Competition: Located on Midlothian Turnpike just east of I-288 and at the intersection of US Rte. 60 and Coalfield Rd. This "Bistro" business has a grandfathered business license which allows late night entertainment/bar till 2 AM.....in Chesterfield County...downtown Midlothian!

Growth/Expansion: This restaurant location has successfully operated for 30+ years. Strong residential growth and the recent completion of I-288 make this opportunity even more interesting

Seller Financing Available: Yes

Financing: Seller will negotiate financing

Support/Training: Seller will provide training if needed.

Reason Selling: Family Business Interests. PRICE JUST REDUCED!!

Business For Sale By

Bruce Hobart

804-673-8044

Sunbelt Business Brokers

Contact the Seller

To inquire about this business for sale, click the Reply button below

Contact the seller about this Midlothian Restaurant w/Bar & Entertainment Zoning

Recommended Resources

AD # 446350

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --