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Virginia Business For Sale

Turn Key Oceanfront Breakfast/Lunch Restaurant

Virginia Beach, VA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$149,500
$240,000
Not Disclosed
$75,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2008
10
74289072
Owner Financing is Available
negotiable

Business Overview:

This prime location Oceanfront breakfast restaurant; while fairly new to the oceanfront has a name established throughout Hampton Roads. It is a turn key and profitable operation with a great long term lease in place. It is currently only open from Mid-March through October; and is packed jammed during the warm months. With plentiful parking and an excellent menu this is the turn key/high profit margin restaurant of your dreams.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

2,000 square feet space along Atlantic Avenue with plentiful parking and a 4 year lease with two 5 year options. The rent is $3,000 per month.

Market Competition and Expansion:

Currently, the restaurant closes at 2 pm and is only open for 6.5 months of the year. It could be open much longer in terms of months and hours of operation.

Reason for Selling:

Owner focused on other interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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