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Business For Sale

Large Beach Area Restaurant W/ Great Lease

Virginia Beach, VA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$167,500
$520,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
12
24159072
Owner Financing is Available!
Negotiable

Business Overview:

This fully equipped beach area Mexican restaurant-bar has a large freestanding building that is over 4,000 square feet with a large deck sitting very visibly on a busy roadway by the beach! The rent is only $4,290 per month and the restaurant seats 160 inside and another 48 on the deck. Keep it turnkey the way it is or convert it to the restaurant of your sreams. Anyway you slice it, this is by far the best rent on a large Beach area restaurant in all of Virginia Beach!

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:

4,286 square feet freestanding building with a large deck and high visibility on a busy roadway by the beach. Th rent is $4,290 per month and the lease has two years left with a 5 year option. The restaurant seats 160 and the deck seats an additional 48.

Reason for Selling:

owner focused on other pursuits

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.
 

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