Business For Sale

269335-Successful Specialty Restaurant And Market

Not Disclosed, VA
Henrico County


Asking Price: Annual Revenue:
$299,000 $700,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 269335-Successful Specialty Restaurant And Market Broker: Bill Kelly

Quick Facts

Asking Price: $299,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $140,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 4
BBN Listing #: 699243891
Broker Reference #: 9525-269335

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Business Overview:

Profitable Specialty Buffet Style Restaurant in an upper -class neighborhood. Included in the sale is a Specialty Food Market that offers the same fare as sold in the Restaurant.

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Property Features and Assets:

Founded in 2012, successfully operated until 2015 and business was sold and subsequently taken back in 2017, reopening was 2018.

Market Competition and Expansion:

This restaurant has been recently remodeled and ready to grow. All it needs is new ownership with marketing experience. Potential Growth There is only one similar restaurant in Richmond and the cost of a meal is double the price of this restaurant. This is the only buffet style of its type in Richmond. Also included in the sell is a Specialty Food Market with a separate entrance offering customers the same unique fare as served in the restaurant.

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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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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