Business For Sale

Profitable family style restaurant for sale

Confidential, VA


Asking Price: Annual Revenue:
$549,000 $953,229

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable family style restaurant for sale Broker: Mike Keen

Quick Facts

Asking Price: $549,000
Annual Revenue: $953,229
Net Profit: Not Disclosed
Cash Flow: $54,445
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: Not Disclosed
BBN Listing #: 610138952
Broker Reference #: ROANOVA001-N308

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Business Overview:

Successful 5,885 +/- square foot family style restaurant for sale with 40 + years of success in a location with limited competition and a devoted client base. This Restaurant business has been the premier restaurant to eat in this Historic commuter town. This business is located in an area along Route 88; just a few miles from I-81 and in a bustling area with restaurants, banks, convenience stores and other commercial properties. After years of hard work and loyal customers the current owners are ready to retire and envision a new owner take it to the next level. This family style restaurant has top line sales of over $900,000 with solid tax returns and a proven track record. The location has plenty of parking, easy access and this family style restaurant serves a wide variety of country and southern style dishes offered 7 days a week and serves as a family favorite for get togethers as it is the perfect spot for every family member where your meat is cooked to order and a variety of salads, soups, veggie and desserts satisfy any appetite! This Business offers 175 seat capacity, a private room that can be partitioned off for parties and special events, 2 baths and 6 fixtures; that are ADA compliant and a full commercial kitchen; supplied with a walk-in freezer and walk-in refrigerator. The land area is 1.12 +/- acres; with 3 tax parcels featuring paved parking for approximately 50 cars and overflow grass parking for 25 +/- car capacity. The property is served by natural gas and heat pump HVAC. The property is zoned B-2 Business and available utilities are: public water, public sewer, natural gas, electricity and internet. Call now for a chance to find out more about this landmark restaurant business for sale that has created a loyal customer base due to great food and excellent customer service. Equipment and inventory included in the sale. For more information on this listing, contact: Mike Keen, CFE, CMSBB. Broker / Realtor at: Cell (540)-580-8700 | Office- (540) 777-1585 or email at mkeen@sunbeltnetwork.com. For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg | United Country/Roanoke Realty & Auction at (540) 777-1585 located at 2947 Peters Creek Rd. Roanoke, VA. Visit our company website at: https://www.sunbeltnetwork.com/roanoke-va/ You can also visit and like our Facebook page and receive periodic business listing updates at: https://www.facebook.com/sunbeltbusinessbrokersroanoke/ Our proven track record of uniting buyers with an ideal business they are seeking, while providing our sellers the confidence that we can nurture the sale of their business, is built by providing exposure to a large and qualified pool of buyers; which sets us aside from the competition.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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