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Business For Sale

Well Established Restaurant on the Water - 21148

Virginia Beach city, VA

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$490,000
$867,526
Not Disclosed
$216,310
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1946
4
93934447
Owner Financing is Available!
250,000 down & 50% finance at 6% for 6 years (MAKE AN OFFER!)

Business Overview:

Well established restaurant on the water, same location for over 65 years. Very profitable, full bar and seats 350. The finest Gourmet Italian Cuisine along with the best and freshest seafood in the area. All dishes are prepared to order and made from scratch. This is a great place for a nice seafood/Italian meal while looking out at the water and enjoying a glass of wine. The service here is always what brings customers back, top notch service. The atmosphere is great because of the water and friendly service.

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:

Great lease with 10 year option. Good catering cash business. Photos speaks for them selves, this is a gem. MAKE AN OFFER!

Reason for Selling:

Personal

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.

Resources: