A Turn Key Restaurant With A Gourmet Twist

Not Disclosed, VA
Virginia Beach City County

Asking Price: Annual Revenue:
$350,000 $1,211,444

Food & Beverage: Miscellaneous

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RE: A Turn Key Restaurant With A Gourmet Twist Broker: Joshua Sagman
Owner Financing is Available!
175K @ 7% interest for 60 Months= 3465.56 Monthly

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,211,444
Net Profit: Not Disclosed
Cash Flow: $175,732
Total Debt: Not Disclosed
FF&E: $135,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 24
BBN Listing #: 8445630
Broker Reference #: 6401823673

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Business Overview:

A turnkey restaurant with A gourmet twist and Unique Beer Service located in the heart of Virginia Beach, Virginia. This one of a kind venue features a comfortable and high quality experience through a farm to table food philosophy. The menu is inspired by all of your favorite American recipes and elevated by the quality of our fresh local ingredients. We serve only the best local fare, including locally caught seafood, grass-fed beef, farm-raised poultry and hand-crafted beers. Good lease terms and liquor license are currently in place. Please refer to listing 6401823673, business broker Joshua Sagman 561 707 8986 when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $7,262.68 Square Footage: 4,800 Building Type: standalone; Terms & Options: (2) additional 5 year opt Expiration Date: 4/1/2020.

Market Competition and Expansion:

Non Compete : Miles: 30 Years: 2

Reason for Selling:

Moving Out of state

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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