Established Cafe in Booming Neighborhood

Richmond, VA
Richmond County


Asking Price: Annual Revenue:
$65,000 $316,809

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Cafe in Booming Neighborhood Broker: Tommy Salmani

Quick Facts

Asking Price: $65,000
Annual Revenue: $316,809
Net Profit: Not Disclosed
Cash Flow: $48,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 685743891
Broker Reference #: 9525-487498

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Business Overview:

Incredible opportunity to own an established Breakfast and Lunch spot in a booming area in Richmond. Rapid expansion is evident with new lofts and businesses abundant in the immediate walking distance. Close proximity to VCU hospital paired with the residents in the immediate area create a captive audience and consistent clientele.

Currently only operating for breakfast and lunch, this opportunity could stay as in and be a turn key business for a new owner, or have the option to expand to dinner creating a significant increase in revenue stream.

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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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