Business For Sale

85140-BK Popular Themed Restaurant/Bar

Not Disclosed, VA
King William County

King Willialm

Asking Price: Annual Revenue:
$225,000 $780,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 85140-BK Popular Themed Restaurant/Bar Broker: Bill Kelly

Quick Facts

Asking Price: $225,000
Annual Revenue: $780,000
Net Profit: Not Disclosed
Cash Flow: $85,000
Total Debt: Not Disclosed
FF&E: $81,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 16
BBN Listing #: 232043891
Broker Reference #: 9525-85140

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Business Overview:

This is the only full service restaurant/bar serving BBQ and home style meals in King William/Limited catering business with BBQ smoker and trailer.

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Property Features and Assets:

Started Restaurant in 1,000 square feet space in strip center. End of first year purchased 25,000 BBQ smoker w/trailer and started limited catering service. Expanded restaurant to 2,500 square feet due to customer growth at the end of second year by adding full bar and deserts showcase.

Market Competition and Expansion:

This is the only full service restaurant/bar serving BBQ and home style meals in King William. Potential Growth Locals are requesting more catering business than the owners are willing to do. Owners say adding ice cream and more deserts to front area is a popular customer request. Restaurant is currently open only 5 days per week,

Reason for Selling:

Other business interests.

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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