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Seafood Restaurant

Richmond, VA (Richmond City County)

Asking Price:$195,000

Cash Flow (SDE):$50,909

EBITDA:Not Disclosed

Gross Revenue:$238,460

Established:2012

Business Description

This well established seafood carry out restaurant has built an outstanding reputation for serving fresh, high quality seafood with fast, friendly service.

Located in a high visibility area of Henrico County, the business enjoys a loyal customer base, strong repeat business, and consistent demand.

The menu features a wide variety of seafood favorites, including fish, shrimp, crab, oysters, sandwiches, family meals, and other popular carry out offerings.

Fully equipped with an efficient commercial kitchen, trained staff, and proven operating systems, this turnkey business is ready for a new owner to step in and continue its success.

This opportunity is ideal for an owner operator or an experienced restaurant group looking to expand.

Additional growth potential exists through catering, online ordering, third party delivery, and expanded local marketing.

Ad#:2530160

Detailed Information

Inventory:: $2,000
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):: $10,000
Included in asking price
Employees:: 1 Full-time
Facilities:: This is a leased location of 1,287 square feet with a Total monthly rent of $2,127. Lease ends 07/2027. Seller is active with 1 FT employee. Hours of operation are 11:00am to 7:30pm, Tuesday to Saturday $2,000 in inventory and $10,000 in FF&E included in the asking price. $20,000 made in leasehold improvements. Other Assets include all cooking and refrigeration equipment. Health license required.
Support & Training:: 2 Weeks
Reason for Selling:: Retiring

Business Location

Location:: Richmond, VA
Real Estate:: Leased
Building SF:: 1,287
Lease Expiration:: 07/31/2027
Rent:: $2,127 per month

Financial Benchmarks for Virginia Diners Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks: BizBuySell EDGE

Demographic Information for Richmond Area Household Income Population Age Population Trend Population by Race/Ethnicity: BizBuySell EDGE

Listing Statistics Saved This Listing Listing Last Updated Appeared in Search Listing Detail Views: BizBuySell EDGE

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Business Listed By:
William Griswold First Choice Business Brokers

Ad#:2530160

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.
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