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Business For Sale

CASUAL DINING RESTAURANT W/ GREAT LEASE & LOCATION

Attn: Ross Weinstein
Gloucester County, VA, USA
Listing Number: "1026"
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Asking Price: $229,500 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Retirement
Year Established: 2000
# of Employees: 5 Full time & 9 Part Time
Yearly Revenues: $700,000
Yearly Cash Flow: $100,000
 

Business for Sale Overview:

This longstanding and profitable Gloucester County casual dining restaurant has an established and loyal customer base and has a great lease and location. It is very profitable and has many opportunities to grow revenues significantly that will be explained with a confidentiality agreement in place. Gloucester County and the entire Middle Peninsula area is among the fastest growing areas in all of Virginia.


Property Features and Assets:

10,000 square feet freestanding building that is prominently located on Route 17 and has rent of $4,000 per month.


Market Competition and Expansion:

Significant growth opportunities that can be explained with a confidentiality form in place.


Additional Details:

  • 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 resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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