Virginia Business For Sale

Established Family Restaurant/Grill Price Reduced!

Williamsburg, VA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$119,000
Not Disclosed
Not Disclosed
$35,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
1 FT; 10 PT
795127507
Owner Financing is Available
Seller will consider some for qualified buyer.

Business Overview:

This is a well established, successful restaurant which has quickly become a family favorite in the Williamsburg area. Great selection and variety!!! Absolutely the Best variety of tasty appetizers in the area, including Signature Buffalo Wings!!! Lunches- totally huge and tasty sandwiches, soups, burgers and salads, and great Dinner entrees at modest/fair prices, including steaks, chops, seafood, and Daily Specials!!! Also, offering a full service bar menu of Specialty Drinks, Beer and Wine!!! Outstanding corner location in upscale strip Mall which is situated in the strongest growth area of James City County. Great community citizen with opportunities for local team sponsorships and team fund raising opportunities!!!

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:

Included in the Asking Price: Furniture, Fixtures & Equipment: $75,000; Inventory: $10,000 (Food and Liquor). Facilities: Restaurant is very well equipped with virtually all kitchen equipment, including coolers, freezers, ovens, etc. having been purchased within the last 3 years. Occupancy is for 75 seats for dining, 14 for bar: 25 outdoor seating. Set in upscale Mall with Great corner location!! 40,000 cars per day pass by!!! Financing: seller will consider some for qualified buyer. Support/Training: Current owner will provide all necessary training, up to 6 weeks.

Market Competition and Expansion:

Competition: Business is in a great location, with limited competition in the immediate area. No direct competition regarding the sports related theme. However, lots of Franchises (Food Service as well as others) could work well in this ideal location. Growth and Expansion: The size of the business does not have much room for expansion, but areas for growth could be expanded hours of operation (add breakfast), as well as open Tuesdays (currently closed on Tuesdays).

Reason for Selling:

Career change.

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.

Resources:

 

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