Well established restaurant with loyal client base and great profit.

Hampton, VA (Newport News City County)

Seller Financing Available
Well established restaurant with loyal client base and great profit.
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Asking Price: $299,000

Cash Flow: $140,225

Gross Revenue: $489,214

EBITDA: N/A

FF&E: $30,000

Inventory: $6,000

Established: 1986

Well established restaurant with loyal client base and great profit.

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Business Description

This American, Italian and Vietnamese restaurant has been serving a wide variety of dine in and delivery options to loyal customers since 1986. Delivery is the most profitable component of the current model. The business has a ton of growth potential with the addition of social media marketing. The owner is committed to training the new owner and the current staff is willing to continue working. The storefront location has plenty of parking and is open seven days a week.

Detailed Information

Location:
Hampton, VA
Inventory:
Included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a well established business that has been open since 1986 and has a well established client base with potential to grow through marketing.
Competition:
It has been established since 1986 with and exceptional food.
Growth & Expansion:
Increase marketing.
Financing:
tbd
Support & Training:
2 weeks
Reason for Selling:
Health Reasons
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(from currently available funds)
 
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Alex Davis

Business Listed By:
Alex Davis

First Choice Business Brokers of Hampton Roads

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Sponsoring Broker:
Tim Johnson

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