Price Reduction-American Cafe' For Sale

Virginia Beach, VA (Virginia Beach City County)

Price Reduction-American Cafe' For Sale

Asking Price:$70,000

Cash Flow:$21,618

Gross Revenue:$55,326

EBITDA:N/A

FF&E:$45,000

Inventory:$350

Lease Rate/Sq. Ft.:N/A

Established:N/A

Price Reduction-American Cafe' For Sale

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Business Description

Established, fully functional café style restaurant confidently poised on a Virginia Beach intersection, in a BEAUTIFUL shopping strip, next to busy gas station.
HEAVY traffic area.
The menu includes hamburgers, hotdogs, and basic American cuisine.
Business currently steady with NO marketing or advertising currently in place.
Approximately $45,000 worth of brand new equipment!
Currently absentee owned. Earnings shown based on Owner Operator replacing manager who earns $2,000.00/mo.
Huge growth opportunity for someone looking to hit the ground running and start advertising.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,009
Lease Expiration:
11/30/2018
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
No time to grow the business.

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Lex Meredith

Business Listed By:
Lex Meredith

Transworld Business Advisors

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