Successful Restaurant / Bar For Sale

Harrisonburg, VA (Harrisonburg City County)

Front of Restaurant
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Asking Price: $175,000

Cash Flow: $80,000

Gross Revenue: $720,000

EBITDA: N/A

FF&E: $217,000

Inventory: $24,300

Rent: $1.09 /Month

Established: 2016

Successful Restaurant / Bar For Sale

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Business Description

Excellent turn-key Restaurant specializing in both American and Italian foods and offering full Bar Service. Located within close proximity (Walking Distance) to a major University campus within the Shenandoah Valley.
Tremendous opportunity with less required time and investment for a start-up venture or expansion of an existing franchise.

Attached Documents


Detailed Information

Location:
Harrisonburg, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,860
Lease Expiration:
2/28/2026
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well presented Restaurant with separate Bar area that seats 108 patrons in total, not counting outside seasonal seating area (another 24) on back deck. Totally refurbished in 2015, all FFE and Kitchen Equipment is in "Like New" condition. 3 large Walk-In Coolers plus large beverage system allowing up to 30 Beer Kegs on tap. Basement provides rear delivery entrance, plenty of storage area, and Manager Office with full camera security system. Large TV's located throughout premises with complete Sound System. Leased through Feb. 2026 with current rent of $4200/month. Lease can be assignable to approved new owners.
Competition:
This is a prime location for the university crowd with really no other similar competition this close to campus. Current available parking is limited, but opportunity exists to obtain additional evening parking in adjacent lots and/or university garage for customer use.
Growth & Expansion:
Business is currently profitable with growing annual revenues and potential for even better financial performance if marketed and managed properly.
Support & Training:
Existing employees are expected to stay and current Business Owners are willing to provide management training during a transition period to new operators.
Reason for Selling:
VERY MOTIVATED Owners wish to concentrate on other existing Businesses.
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Donn Meyerhoeffer

Business Listed By:
Donn Meyerhoeffer

Cottonwood Commercial

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