Seller's Contact Information
- RE: Profitable Central Virginia Restaurant, With Real Estate Available
- Contact: Charles Broadwater
Quick Facts
Asking Price: | $545,000 | |
Annual Revenue: | $1,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $295,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | $250,000 | |
Year Established: | 1980 | |
Employees: | 7 | |
BBN Listing #: | SB-52095 | |
Broker Reference #: | RICHMVA001-52095 |
Business Overview:
* Over forty years of successful operation at this location.* Extremely profitable. Limited competition.* Enviable reputation in the marketplace for high-end food products and outstanding customer service.* All food items are 'made to order'.* Large, loyal customer base.* Well-trained, motivated and customer friendly staff.* The staff will easily transition customers to a new owner.* Dominant brand presence in market served.* Well thought out and efficient workflow throughout the restaurant.* Equipment is in excellent condition, well-maintained and includes many new and recently upgraded items.* Owner plans to retire following a transition period with the new owner.* Great lifestyle location. Small town environment. Wonderful recreational opportunities, low crime rate.* Semi-Absentee Owner
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Property Features and Assets:
This is a 2400 sq. ft. , well-designed facility with a drive-thru. Seating is provided for 60 customers and parking for 36 cars. A fantastic new sign package has just been installed and there are many upgrades and new pieces of equipment.
Market Competition and Expansion:
Competition is limited
Reason for Selling:
Owner retirement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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