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Turn-Key, Must See Restaurant

Tidewater Area, Virginia

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $165,000 Inventory  
Gross Income $88,900 Real Estate  
Cash Flow Not Disclosed Year Established 2006
FF&E $67,000* Employees N/A

* included in the asking price

** not included in the asking price

This turn-key establishment was created by the owner and opened in November 2006 as an absentee owner operation. The hired management was not productive and expensive to maintain. The owner spent $105,000 in the build-out and has receipts for the $67,000 in new equipment installed in this restaruant. The location is outstanding, from Jan 2007 until July 2007 the business sales were in excess of $10,000 monthly and growing. The lease is $2,300 monthly through 2011. This is a brand new turn key restrauant waiting for the new owner. A must see operation. Lots of opportunity for that right person.

Facilities: 1,100 sq. ft. building

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Other Business Interests

AD # 347340

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