Unique Virginia Beach Restaurant for sale

Va Beach, VA (Virginia Beach City County)

Seller Financing Available
VA Beach Restaurant
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Asking Price: Get Financing: $129,000

Cash Flow: $85,000

Gross Revenue: $329,000


FF&E: $90,000

Inventory: $10,000

Lease Rate: $3,510 /Month

Established: 2005

Unique Virginia Beach Restaurant for sale

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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

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
1 FTE, 5 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
1,575 sq. ft. leased space
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
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Contact the Seller

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Charles Broadwater

Business Listed By:
Charles Broadwater

Sunbelt Business Brokers / Broadstone Capital LLC.

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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. 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.

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