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  • RE:  Profitable Central Virginia Restaurant, With Real Estate Available
  • Contact:  Charles Broadwater

Quick Facts

Asking Price: $545,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $295,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $250,000
Year Established: 1980
Employees: 7
BBN Listing #: SB-52095
Broker Reference #: RICHMVA001-52095

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Business Overview:

* Over forty years of successful operation at this location.* Extremely profitable. Limited competition.* Enviable reputation in the marketplace for high-end food products and outstanding customer service.* All food items are 'made to order'.* Large, loyal customer base.* Well-trained, motivated and customer friendly staff.* The staff will easily transition customers to a new owner.* Dominant brand presence in market served.* Well thought out and efficient workflow throughout the restaurant.* Equipment is in excellent condition, well-maintained and includes many new and recently upgraded items.* Owner plans to retire following a transition period with the new owner.* Great lifestyle location. Small town environment. Wonderful recreational opportunities, low crime rate.* Semi-Absentee Owner

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Property Features and Assets:

This is a 2400 sq. ft. , well-designed facility with a drive-thru. Seating is provided for 60 customers and parking for 36 cars. A fantastic new sign package has just been installed and there are many upgrades and new pieces of equipment.

Market Competition and Expansion:

Competition is limited

Reason for Selling:

Owner retirement

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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