Franchise Sports Bar & Restaurant in Tri-Cities Area Richmond

VA

Seller Financing Available
Franchise Sports Bar & Restaurant in Tri-Cities Area Richmond
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Asking Price: Get Financing: $295,000

Cash Flow: $175,000

Gross Revenue: $1,750,000

EBITDA: N/A

FF&E: $50,000

Inventory: $10,000

Lease Rate: N/A /SF

Established: 2012

Franchise Sports Bar & Restaurant in Tri-Cities Area Richmond

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Business Description

Great Restaurant and Bar with Fun Atmosphere!

Light & Raphael is pleased to offer a restaurant for sale in the Tri-Cities area. The franchise restaurant offers traditional American fare in a fun and relaxing ambience. The restaurant was built out for roughly $1 million six years ago and is absentee-owned. It would greatly benefit from a hands-on owner. The restaurant does very little advertising. The majority of the business comes from word of mouth. The restaurant is open daily.

It is anticipated that the restaurant staff will remain with the business after closing.
SBA financing possible for a qualified buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location is leased
Growth & Expansion:
Opportunity to expand marketing efforts.
Support & Training:
Sellers will provide support and training following the sale.
Reason for Selling:
Owners wish to pursue other business interests.
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Gavin Raphael

Business Listed By:
Gavin Raphael

Light & Raphael

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