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Business For Sale

Established Virginia Beach Casual Restaurant

Virginia Beach, AL, USA

Food & Beverage: Restaurants, Fast Food, Deli

Owner Financing is Available
Negotiable.
Asking Price:
Year Established:
Employees:
Listing Number:
$139,000
1980
13
5939072
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$500,000
Not Disclosed
$125,000
Not Disclosed

Business for Sale Overview:

Located in the hot and growing Pungo area of Virginia Beach, this casual dining restaurant has it all. It is in a prime; visible and growing location. the lease is excellent in terms of rent and length. The clientele is loyal and growing; b/c of so many new developments that have sprouted up and continue sprouting up near the restaurant. This restaurant has been in the same location for many years and is totally turn key.

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:

2,200 square feet space in a prime location shopping center with high visibility. The rent is only $2,000 per month and the lease has 4 years with two 5 year options. The build out is clean and the equipment is in good condition.

Market Competition and Expansion:

The restaurant is located in The hottest development area in Hampton Roads.

Reason for Selling:

Owner focused on other pursuits

Additional Details:

  • The property is owned.
  • The owner is not 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.

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

Established Virginia Beach Casual Restaurant
Business Listed By:
Ross Weinstein
S. L. Nusbaum Realty Co. Business Brokerage Services
contact the seller
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