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947450-BK-Great Location Restaurant, Large Kitch/Bar, NEGOTIABLE

Richmond, VA (Richmond City County)

947450-BK-Great Location Restaurant, Large Kitch/Bar, NEGOTIABLE
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Asking Price: $169,950

Cash Flow: N/A

Gross Revenue: $235,000

EBITDA: N/A

FF&E: $75,000

Inventory: $5,000

Established: 2019

947450-BK-Great Location Restaurant, Large Kitch/Bar, NEGOTIABLE

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Business Description

Profitable! Expandable! Established! Growth Potential!

High Traffic Location, near a college campus in central Virginia with plenty of parking. Restaurant was completely remodeled 9 months ago, new furniture, bar, bathrooms, extra large kitchen with 12 foot hood, automatic dishwasher, grill, fryers, large refrigerated food prep area, walk in fridge, walk in freezer and waitress beverage station.
Some owner financing available to qualified buyer. Owner selling needs to focus on his other successful businesses.

Detailed Information

Location:
Richmond, VA
Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Owner purchased this business, through a bankruptcy sell. Spent over $200,000 remodeling. Owner wishes to sell because business requires more of his personal time then he could give because of the demands of his other businesses.
Competition:
There are many other restaurants in this large college area. But very few with parking in a similar high traffic area.
Growth & Expansion:
Restaurant will need to be re branded and new menu to accommodate the tastes of large college age population. Perfect for popular franchise location with extended hours such as : Burgers Pizza 24 hour breakfast.
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

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Bill Kelly

Business Listed By:
Bill Kelly

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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