Profitable Restaurant with Sports Theme-110751-JM

Not Disclosed, VA
York County


Asking Price: Annual Revenue:
$500,000 $1,561,777

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Restaurant with Sports Theme-110751-JM Broker: Joe Moorman

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,561,777
Net Profit: Not Disclosed
Cash Flow: $119,602
Total Debt: Not Disclosed
FF&E: $137,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 35
BBN Listing #: 84743891
Broker Reference #: 9525-110751

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Business Overview:

This turnkey restaurant has been a local favorite in the Tidewater region of Virginia for over 20 years. The current owner took over the restaurant in 2009 and sales have tripled since that time.

It is located close to a major highway along a heavy-traffic route. There is entertainment, golf courses, retail, and residential within a short distance from the restaurant, allowing for large numbers of tourists and visitors as well as local clientele.

All kitchen and restaurant equipment and fixtures convey with the sale, as well as an impressive inventory of sports memorabilia.

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Reason for Selling:

retiring

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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