Unique Virginia Beach Restaurant for sale

Va Beach, VA (Virginia Beach City County)

Seller Financing Available
VA Beach Restaurant
Contact Seller

Asking Price: Get Financing: $129,000

Cash Flow: $85,000

Gross Revenue: $329,000

EBITDA: N/A

FF&E: $90,000

Inventory: $10,000

Lease Rate: $3,510 /Month

Established: 2005

Unique Virginia Beach Restaurant for sale

Get Financing Save Print Share Valuation Report

Business Description

The business is located in a niche market with a dense residential population who have high disposable income and busy schedules which is ideal for diners to visit this casual medium priced restaurant and enjoy their favorite simple food and beverages frequently.

Corporation and ABC license are clean making it easy for a quick transition

The lease is in good standing with the landlord who will gladly extend the lease through any option period The seller will provide training and transition necessary for a smooth and successful turnover. All recipes for food and beverages

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,575
Lease Expiration:
N/A
Employees:
1 FTE, 5 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,575 sq. ft. leased space
Financing:
Seller iwll consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Career Change for the owner
Contact Seller

Contact the Seller

Contact Seller Loading

Charles Broadwater

Business Listed By:
Charles Broadwater

Sunbelt Business Brokers / Broadstone Capital LLC.

Show Phone Number

View My Listings

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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.


Listing Statistics for Premium Members

Ad#:1493671 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings