Profitable Seafood QSR in great location priced to sell!

Va Beach, VA (Virginia Beach City County)

Profitable Seafood QSR in great location priced to sell!
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Asking Price: $85,000

Cash Flow: $67,000

Gross Revenue: $330,000

EBITDA: N/A

FF&E: $50,000

Inventory: $2,500

Rent: $0.70 /Month

Established: 2017

Profitable Seafood QSR in great location priced to sell!

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Business Description

Great opportunity to own this Seafood QSR! Turnkey operation, located in the heart of Va Beach! Part of a Successful and Growing Seafood and Kitchen Chain in the Hampton Roads area.
Near ALL the action, tons of residential homes, office buildings, medical offices, commercial buildings as well as major highways.
Operating 100% Absentee with great potential, a more involved hands on owner should be able to propel the sales and earnings.
People are consuming much more fish than in previous decades, with average worldwide per capita consumption hitting 43 pounds per year according to the Food and Agriculture Organization of the United Nations. The global seafood industry contributes $870 billion to the worldwide economy.
Revenue stream include affordable and delicious to go and catering.
The seller will train and transition the buyer at no cost! This Seafood Shack servs quality seafood in good portions at a reasonable price. They are known for variety of piled-high big fat burgers & seafood combos.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
7/31/2022
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Spacious clean atmosphere
Competition:
The area has other restaurants, but none that directly compete with this concept.
Growth & Expansion:
Part of a Successful and Growing Seafood and Kitchen Chain
Support & Training:
2 weeks training
Reason for Selling:
corporate store
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Yeliv-Jill Adams

Business Listed By:
Yeliv Adams

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