BUSINESS OVERVIEW:
Established restaurant on high-traffic West Broad Street corridor. Modern buildout (2018) with substantial seating capacity and patio. Turn-key operation ready for new ownership or concept conversion.
FINANCIAL SNAPSHOT:
Asking Price: $160,000
Location: West Broad Street corridor (Henrico)
Square Footage: 3,364 SF
Buildout: 2018 (modern infrastructure)
Seating: 88 interior + 6 bar + 38 patio = 132 total seats
COMPETITIVE ADVANTAGES:
Modern Buildout: 2018 construction means current infrastructure, equipment, and systems. Minimal deferred maintenance.
Seating Capacity: 132 total seats provides volume capability. Interior, bar, and patio options accommodate different guest preferences.
Hood Infrastructure: 15' hood system supports full-scale kitchen operations. Significant value in existing ventilation infrastructure.
High-Traffic Corridor: West Broad Street location ensures visibility and accessibility. Strong retail and dining corridor with established traffic patterns.
Flexible Concept Potential: Modern kitchen and infrastructure can support variety of restaurant concepts. Current operation can continue or new concept can be implemented.
OPERATIONS:
Full bar operational
Kitchen equipped for high-volume preparation
15' hood ventilation system in place
Patio seating permitted and operational
Delivery and online ordering platforms established
GROWTH OPPORTUNITIES:
Concept Conversion: Modern buildout supports new concept without major capital investment
Expanded Hours: Current schedule leaves room for additional dayparts
Lunch Service: Location supports lunch business from nearby retail/office
Catering: Kitchen infrastructure supports off-premise revenue
Private Events: Capacity supports group bookings and buyouts
Owner-Operator Model: Hands-on ownership could optimize labor and operations
LOCATION CONTEXT:
West Broad Street is one of Richmond's highest-traffic commercial corridors. Strong mix of retail, dining, and service businesses draws consistent traffic. Henrico County location provides accessibility from multiple directions. Established dining destination with built-in customer awareness.
IDEAL BUYER:
Experienced restaurant operator seeking turn-key space
Entrepreneur with new concept seeking modern infrastructure
Operator looking to avoid buildout costs and permitting delays
Owner-operator who can maximize volume capacity
Investor seeking restaurant asset with infrastructure value
WHY THIS WORKS:
The 2018 buildout represents significant infrastructure value - 15' hood system, kitchen equipment, and modern construction would cost substantially more to replicate. 132-seat capacity provides volume potential. Asking price of $160,000 reflects opportunity to acquire modern restaurant asset on high-traffic corridor, whether continuing current operation or implementing new concept.
CONFIDENTIALITY:
Confidential listing. Business name and specific location disclosed to qualified buyers after NDA execution. Complete financials available to serious inquiries.
Ad#:2444759
