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A Turn Key Restaurant With A Gourmet Twist and Unique Beer Service

Virginia Beach, VA (Virginia Beach City County)

Seller Financing Available
A Turn Key Restaurant With A Gourmet Twist and Unique Beer Service
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Asking Price: $350,000

Cash Flow: $175,732

Gross Revenue: $1,211,444

EBITDA: N/A

FF&E: $135,000

Inventory: $16,000

Rent: $7,262.68 /Month

Established: 2013

A Turn Key Restaurant With A Gourmet Twist and Unique Beer Service

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Business Description

A turnkey restaurant with A gourmet twist and Unique Beer Service located in the heart of Virginia Beach, Virginia. This one of a kind venue features a comfortable and high quality experience through a farm to table food philosophy. The menu is inspired by all of your favorite American recipes and elevated by the quality of our fresh local ingredients. We serve only the best local fare, including locally caught seafood, grass-fed beef, farm-raised poultry and hand-crafted beers. Good lease terms and liquor license are currently in place. Please refer to listing 6401823673, business broker Joshua Sagman 561 707 8986 when you inquire about this listing.

Detailed Information

Location:
Virginia Beach, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,800
Lease Expiration:
4/1/2020
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 7262.68 Square Footage: 4800 Building Type: standalone Terms & Options: (2) additional 5 year opt Expiration Date: 4/1/2020
Competition:
Non Compete : Miles: 30 Years: 2
Financing:
175K @ 7% interest for 60 Months= 3465.56 Monthly
Support & Training:
For 2 weeks at no cost
Reason for Selling:
Moving Out of state
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Joshua Sagman

Business Listed By:
Joshua Sagman

Transworld Business Brokers, LLC

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Sponsoring Broker:
Andrew Cagnetta

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