TURNKEY FULL-SERVICE RESTAURANT | 130+ SEATS | PORTSMOUTH, VA
Exceptional opportunity to acquire a fully operational restaurant with nearly 10 years of proven success in Portsmouth, Virginia. This established full-service establishment generates $739,700 in annual revenue with $145,000 in cash flow, offering breakfast, lunch, and dinner service in a prime location.
KEY BUSINESS HIGHLIGHTS:
• Established operation since 2015 with strong customer base
• 130+ seat capacity including private dining room for 30 guests
• Full commercial kitchen with pizza ovens, grills, fryers, and prep stations
• Large walk-in cooler and freezer for high-volume operations
• Six POS stations supporting dine-in, takeout, and delivery
• Third-party delivery platform integration already established
• $120,000 in furniture, fixtures, and equipment included
• $10,000 inventory value
• Absentee owner operation demonstrating systems efficiency
FINANCIAL PERFORMANCE:
• Annual Revenue: $739,700
• Cash Flow (SDE): $145,000
• Attractive lease at $4,500/month
• Strong profit margins with growth potential
LOCATION & FACILITY:
Highly visible Portsmouth location with established foot traffic. The spacious facility accommodates various dining experiences from casual meals to private events. Commercial-grade infrastructure allows immediate operations with minimal startup investment.
GROWTH OPPORTUNITIES:
• Expand catering and private event services
• Increase delivery and takeout sales
• Extend operating hours
• Enhance marketing and social media presence
• Introduce new menu concepts while maintaining existing customer base
This turnkey operation is ideal for experienced restaurateurs, investor groups, or entrepreneurs seeking an established business with immediate income potential. The seller provides 3 weeks of training support to ensure smooth transition.
Reason for sale: Owner relocation. All inquiries require confidentiality agreement. Financial documentation available to qualified buyers.
Asking Price: $246,000
Ad#:2519785
