Restaurant and Bar for Sale in Popular Beach Community

Westmoreland County, VA

Seller Financing Available
Restaurant and Bar for Sale in Popular Beach Community
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Asking Price: $250,000

Cash Flow: $135,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: $75,000

Inventory: N/A

Rent: $2,380 /Month

Established: N/A

Restaurant and Bar for Sale in Popular Beach Community

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Business Description

Great Business with Growth Potential - Owner Relocating

This established and profitable restaurant and bar located in Westmoreland County Virginia area has a proven track record of success and profitability. They offer a full menu with an excellent variety of selections as well as a full service bar all in a clean, warm and inviting family friendly atmosphere.

Key Investment Considerations

• $700,000 + Gross sales
• $135,000 + Cash flow
• $75,000 + In FF&E
• $50,000 + In leasehold improvements
• Turnkey operation with assistant management team in place
• Ideal location near hotels and tourist attractions
• Full ABC
• Full commercial kitchen
• Roomy bar and dining areas
• Lease rate less than 5% of gross
• Long term lease and options in place
• 2,500 square foot facility
• Property may be available at additional cost
• Seller financing shows seller’s confidence in continued success

As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!

Detailed Information

Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
100000.00
Support & Training:
2 weeks
Reason for Selling:
relocating
Contact Seller

Contact the Seller

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Steve Sigman

Business Listed By:
Steve Sigman

Transworld Business Advisors

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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.

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