Business For Sale

Long Established Breakfast & Lunch Dining Spot

Not Disclosed, VA


Asking Price: Annual Revenue:
$195,000 $406,563

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Long Established Breakfast & Lunch Dining Spot Broker: Frank Chebalo

Quick Facts

Asking Price: $195,000
Annual Revenue: $406,563
Net Profit: Not Disclosed
Cash Flow: $95,421
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 14
BBN Listing #: 68024955
Broker Reference #: 2007-14247

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Business Overview:

Long Established Breakfast & Lunch Dining Spot. Serving customers over 25 years this Hampton Roads location is a staple in a large community bustling with activity. Since opening the doors the owner has set a simple goal of serving customers a great plate of food in a home style comfortable setting. And for years customers have enjoyed that goal and keep coming back. The best complement to a job well done. As a result the profitability of this establishment is great, the location is great and the reputation is stellar. Operating in 2,000 square feet the location has seating for 65 and includes a great menu and Wi-Fi. A meal on the run, or a great meeting spot to share a meal with family and friends this location has it going. The lease has two years remaining with a five year option at market competitive rates. And the support staff and employees are trained, loyal and many of them are long term. Fourteen employees assist in the day to day operation. The kitchen equipment is in great shape including a new HVAC system. And the facility itself was remodeled over the last three years. This is a unique find and a great turn key opportunity. The owner, looking at this point to retire, will insure a smooth and comfortable transition.

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Property Features and Assets:

Assets= $28,000

Reason for Selling:

Retirement

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.

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