Top Seafood Buffet Restaurant

VA

Seller Financing Available
Top Seafood Buffet Restaurant
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Asking Price: Get Financing: $290,000

Cash Flow: $100,000

Gross Revenue: $1,050,000

EBITDA: N/A

FF&E: $200,000

Inventory: $30,000*

Lease Rate: $7,000 /Month

Established: 2009

*not included in asking price.

Top Seafood Buffet Restaurant

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Business Description

A Rare One-Of-A-Kind Opportunity To Own A Local Landmark. The spectacular view from all corners of the dining room and the covered patio makes dining a great experience. An excellent Seafood Buffett at a reasonable price is a welcoming treat. For the past 9 years, the owner of this establishment has enjoyed the business success.
For more information about this fine opportunity please call Fouad Mohit
cell 757-237-2301 or fouad@sunbeltnetwork.com

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
4/23/2020
Employees:
25 F.T. 20 P.T.
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
No matter where you are seated to dine in this restaurant, you will have the best view of the beach and the ocean.
Competition:
No competition can compete with the view and the location of this business.
Growth & Expansion:
The new owners can easily extend the hours of the operation. Patrons would love to hang out in the late hours of the evening to relax, sip on their drinks, listen to the sounds of the wave crashing on the beach and to watch people walking, biking and playing music on the boardwalk.
Support & Training:
Seller will train and transition the buyer at no cost.
Reason for Selling:
Other Business interest.
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Contact the Seller

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Fouad Mohit

Business Listed By:
Fouad Mohit

Sunbelt Business Brokers of Hampton Road

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Sponsoring Broker:
SUNBELT HRVA


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