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Business For Sale
CASUAL DINING RESTAURANT W/ GREAT LEASE & LOCATION
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Asking Price: |
$229,500
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Retirement |
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Year Established:
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2000 |
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# of Employees:
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5 Full time & 9 Part Time |
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Yearly Revenues:
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$700,000 |
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Yearly Cash Flow:
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$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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