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Virginia Business For Sale |
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| COASTAL BAR & CAFE |
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| Attn: Wayne White |
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| Hampton Roads, VA, USA |
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| Asking Price: |
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$300,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Other Business Interests. |
| Year Established: |
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2002 |
| # of Employees: |
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3 Full/5 Part |
| Yearly Revenues: |
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$339,365 |
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Business for Sale Overview:
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Coastal Restaurant & Bar, located 2 blocks from the beaches. Surrounded by townhomes and next to a motel this establishment could be a local favorite and great for the tourist as well. Menu provides a great selection from burgers and pizza to seafood and steaks. Located on a very busy beach highway with excellent visibility. Was being run as absentee owner, but that was not working so owner is back to build the business for a new owner. Extremely favorable lease until 2012 with additional 10 year option in place. Terms, for the right buyer, may be available.
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Property Features and Assets:
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2,500 sq. ft. building |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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