Virginia Beach Italian Restaurant For Sale

Virginia Beach, VA
Virginia Beach City County


Asking Price: Annual Revenue:
$125,000 $275,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Virginia Beach Italian Restaurant For Sale Broker: Charles Broadwater, Jr.
Owner Financing is Available!

Quick Facts

Asking Price: $125,000
Annual Revenue: $275,000
Net Profit: Not Disclosed
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 3
BBN Listing #: 174938944
Broker Reference #: RICHMVA001-N1516

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Business Overview:

* My Favorite Pizza in the Virginia Beach Area! * Authentic Italian pizza and menu established by an Italian Chef. * The food is excellent because the kitchen is overseen and operated by the owner. * The well-established restaurant was remodeled and new equipment was installed after 10 years of operation. * The lease and rent are excellent terms. Recently renegotiated and renewed for 5 more years with options, before the owner decided on a new career venture. * Local shopping center site with a lot of local traffic and daily shoppers to exercise and entertainment businesses.

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Reason for Selling:

New Business Opportunities

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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