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Business For Sale

Restaurant/Bar A Local Tradition!

Not Disclosed, VA, USA

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Year Established:
Employees:
Listing Number:
$150,000
Not Disclosed
0
203027506
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
$60,000
Not Disclosed

Business for Sale Overview:

The business is a local tradition and landmark. They have entertainment most nights after 9 pm including live bands, karaoke, and DJ spinning records. The restaurant has unlimited potential with the right ownership and has done nearly 1 million a year revenues in the very recent past.

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

Property Features and Assets:

3,874 Sq. Ft., located in a shopping center; the restaurant/bar is a local tradition. Rent is $7,100 All inclusive NNN. the general overhead is $1,700 per month for utilities, $250 for insurance and $8,500 payroll which includes the owners salary. Included in the Asking Price: Furniture, Fixtures & Equipment: $50,000.

Reason for Selling:

Please inquire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Restaurant/Bar A Local Tradition!
Business Listed By:
Lou Taweel
New Deal Associates
contact the seller
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