Virginia Beach Fast Food Restaurant for sale

Va Beach, VA (Virginia Beach City County)

Seller Financing Available
Fast Food Restaurant
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Asking Price: Get Financing: $150,000

Cash Flow: $60,000

Gross Revenue: $285,000

EBITDA: N/A

FF&E: $45,000

Inventory: $5,000

Lease Rate: $2,000 /Month

Established: 2017

Virginia Beach Fast Food Restaurant for sale

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Business Description

* Family/Owner operator opportunity to make serious income.
* Absentee owner.
* Profitable, simple and very efficient operating restaurant business with low food cost and overhead.
* Full ABC license is available but optional to the successful operation of this concept.
* Located in a strip center with a major traffic generator next door.
* Site was chosen because of the demographics of the neighborhood and traffic count.
* Excellent visibility and of parking.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,700
Lease Expiration:
N/A
Employees:
4 FTE, 3 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,700 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Absentee 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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