Business For Sale

Established Family Restaurant

Hampton Roads, VA


Asking Price: Annual Revenue:
$64,900 $350,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Family Restaurant Broker: Fouad Mohit

Quick Facts

Asking Price: $64,900
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $45,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 11
BBN Listing #: 649238940
Broker Reference #: HAMPTVA001-N1593

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Business Overview:

Purchase this established family restaurant with over $300K in gross receipts for near the cost of equipment an inventory. Established in 1991, this Family Restaurant is a hub for good times, great memories, and delicious food! Serving locals and the hungry passerby for the better part of three decades, this restaurant has built a solid reputation of constant quality and service. Even without a website, which is a potential area for growth for a low price-point, this restaurant has built a positive online presence through positive reviews and word of mouth. This is an ideal opportunity for an experienced restaurateur or a manager or cook looking to get into the business with a pre-existing customer base and proven concept. Contact FOUAD MOHIT, at (757) 237-2301 or FOUAD@SUNBELTNETWORK.COM, for more information today.

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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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