European Bistro/Cafe

Midlothian, VA (Chesterfield County)

European Bistro/Cafe
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Asking Price: Get Financing: $175,000

Cash Flow: $98,000

Gross Revenue: $603,000

EBITDA: $47,360

FF&E: $75,000

Inventory: $8,000*

Lease Rate: $20 /SF/Year

Established: 2005

*not included in asking price.

European Bistro/Cafe

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Business Description

European style Bistro/Café serving lunch, full dinner and a comfortable Sunday Brunch dining experience. Extensive wine list and elegant deserts.
Great opportunity to acquire an established French style full service bistro/café. Clean books and records. Ten years of continuing profits!

Contact Bruce Hobart at kb_hobart@aol.com or call 804-986-7282 for more details!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,450
Lease Expiration:
3/1/2019
Employees:
2 Full/8 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Bistro/Cafe dining set in a quaint 1,450 SF facility plus fully equipped kitchen. Seating for 44 includes an attractive enclosed patio dining area. ABC on premises, a full complement of fine wines and European deserts.
Competition:
This european styled cafe/bistro is unique to Richmond. No direct competition in it's immediate trade area. Located in an established retail center on busy 6 lane highway.
Growth & Expansion:
The "bistro" as a quaint cafe serving specialty coffees and deserts. Over the past 10 years the business has grown into a full service restaurant serving lunch, dinner and Sunday brunch to a loyal and growing client base. Currently closes early at 4 PM on Mondays & Tuesdays.
Support & Training:
Owner will provide reasonable training and transition as needed.
Reason for Selling:
Semi retirement for husband/wife team after 10+ years of profitability.
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(from currently available funds)
 
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Bruce Hobart

Business Listed By:
Bruce Hobart

Capstone Advisors, LLC

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