Long Established Breakfast & Lunch Dining Spot

VA (Relocatable)

Long Established Breakfast & Lunch Dining Spot
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Asking Price: Get Financing: $149,900

Cash Flow: $95,421

Gross Revenue: $406,563

EBITDA: N/A

FF&E: $25,000

Inventory: $3,000

Established: 1990

Long Established Breakfast & Lunch Dining Spot

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Business Description

Great Cash Flow!

Long Established Breakfast & Lunch Dining Spot. Serving customers over 25 years this Hampton Roads location is a staple in a large community bustling with activity. Since opening the doors the owner has set a simple goal of serving customers a great plate of food in a home style comfortable setting. And for years customers have enjoyed that goal and keep coming back. The best complement to a job well done. As a result the profitability of this establishment is great, the location is great and the reputation is stellar. Operating in 2,000 square feet the location has seating for 65 and includes a great menu and Wi-Fi. A meal on the run, or a great meeting spot to share a meal with family and friends this location has it going. The lease has two years remaining with a five year option at market competitive rates. And the support staff and employees are trained, loyal and many of them are long term. Fourteen employees assist in the day to day operation. The kitchen equipment is in great shape including a new HVAC system. And the facility itself was remodeled over the last three years. This is a unique find and a great turn key opportunity. The owner, looking at this point to retire, will insure a smooth and comfortable transition.

Detailed Information

Inventory:
Included in asking price
Employees:
2 FT/12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Will train for 2 weeks @ $0 cost.
Reason for Selling:
Retirement.
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Contact the Seller

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Frank Chebalo, CBI, ABI, CMSBB, CBC

Business Listed By:
Frank Chebalo

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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