Excellent Restaurant / Multi Retail Opportunity
Marion, VA Smyth County
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- RE: Excellent Restaurant / Multi Retail Opportunity
- Contact: Jill Verbin
Quick Facts
| Asking Price: | $89,000 | |
| Annual Revenue: | $558,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $44,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $39,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 13 | |
| BBN Listing #: | 991377 | |
| Broker Reference #: | 3903 |
Business Overview:
This is a breakfast and lunch business, with a coffee and retail shop including bottled wine sales. There is a wine and beer license. The customers want a dinner, Saturday, and Sunday options. Good News! All the costs are covered by the Mon-Fri breakfast and lunch business. 75 sit in and 40 takeout on average per day. Eighteen Tables and sixty-six seats. Retail and Restaurant space is 4,454 square feet, Two Kitchens and work areas cover 2,380 square feet.
What do you get for $89,000?
SDE of $44,000; Opportunity to grow; $39,000 of Furniture, Fixtures and Equipment; $10,000 of Inventory.
6,834 sqft of space for $900 per month. Do you have ideas? Mail Order?
Do you want the Lifestyle of Southwest Virginia? Do you want to be a member of a beautiful community? Here it is.
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Property Features and Assets:
6934 sq feet
Market Competition and Expansion:
Add Dinner service and fill a need for the area. Expand the coffee shop, bakery and retail offerings.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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