Dramatically Reduced! Shockoe Slip Fine Dining

Richmond, VA (Richmond City County)

Seller Financing Available
Dramatically Reduced! Shockoe Slip Fine Dining
Contact Seller

Asking Price: $200,000

Cash Flow: N/A

Gross Revenue: $700,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,000 /Month

Established: 2009

Dramatically Reduced! Shockoe Slip Fine Dining

Save Print Share Valuation Report

Business Description

Suddenly too exciting not to Showcase!

Update: With the recent re-opening of Tobacco Company Restaurant just a few doors down, the opening of Billy Jack's Shack in the old Europa location nearby, and the opening of Shiplock Beverage just a few blocks away, Shockoe Slip is undergoing a tremendous revitalization.

Coming off the recent dramatic reduction in price from $300K to $200K, this restaurant, surrounded by all this new activity, has suddenly become a very "ripe plum to pick". Act now!

More details: Successful and profitable, this beautifully appointed, well maintained, upscale restaurant is ideally located in Richmond's high traffic Shockoe Slip. Well known, highly regarded, and with just under 100 seats, it is perfectly suited to a chef driven operation. In business for over nine years under the same ownership, it has a great long term lease in place which is assignable. Rent is $3,000 monthly (flat) with one year remaining on the present term and three additional five-year options.

Detailed Information

Location:
Richmond, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,203
Lease Expiration:
N/A
Employees:
11
Facilities:
Facilities are in pristene condition.
Support & Training:
Seller will provide whatever support and training necessary following closing to ensure a smooth transition to new ownership.
Reason for Selling:
Owner wants to step back, "stop and smell the roses".
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Rich Holden

Business Listed By:
Rich Holden

Holden Realty, LLC

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1453513 Report an issue with this listing

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 of Use before responding to any ad.


Similar Listings


Rocket Fizz Soda Pop and Candy Shops

Franchise Opportunity
Capital Required: $150,000