Business For Sale

Turn-Key Restaurant Space in a Great Location!

Harrisonburg, VA
Harrisonburg City County

Asking Price: Annual Revenue:
$49,000 $200,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Turn-Key Restaurant Space in a Great Location! Broker: Jordan Chenette

Quick Facts

Asking Price: $49,000
Annual Revenue: $200,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 7
BBN Listing #: 11132377
Broker Reference #: HZ375JC

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Business Overview:

Great opportunity to own a restaurant/cafe space that was fully built out in late 2016. The previous owner had to shut down recently due to a family emergency. A buyer would be purchasing the assets and equipment and assuming the lease to start their own restaurant concept in this space. The prior concept was generating around $200K in revenue annually for 2 years in a row without much marketing. This restaurant was absentee-owned, so a hands-on owner would be able to easily increase the revenue.

The space has a 3-compartment sink, a backroom, a nice front-end display case, and lots of counter space. The assets are in great condition and include: stainless steel appliances, large refrigerator/cooler, donut machine, espresso maker, POS system, food warmer, commercial mixer, tables and chairs, security cameras, shelving, prep areas, a Hood system and more! Rent is low and the initial term of lease has 2 1/2 years left on it with two-5 year consecutive options. The space is near college student housing. This was over a $150K build out, but is being sold for a quick sale because of a family emergency. With some fresh paint, and some small custom updates, you could be ready to serve new customers soon. If buyer needs a stove or fryer these would have to be installed.

This is a turnkey opportunity for someone who does not want to spend thousands of dollars to start their own small restaurant. It would be a great location for someone to open their own cafe, Mexican or Italian restaurant, sandwich shop, Chinese, Thai, or Sushi! Respond now to see pictures and for a video tour of the entire space. Also, you can view the asset list which conveys free and clear with the sale below:

Equipment Lil Obitz Donut Machine - 9,513.58 Nouvo Simonelli Auralia Expresso Machine- 7,961.56 Fetoc Dual Brewer - 2,013.00 Expresso Grinder - 2,700.00 Open Merchandiser Refrigerator - 4,413.67 Proofer Cabinet - 2,298.92 Eddie Edwards Signs - 4,340.25 Tables & Chairs Ikea - 2,684.00 Fire Hood - Lynchburg Fire - 12,830.60 Decaf Grinder - 1,695.00 Microwave Oven - 343.12 Commercial Mixer - 572.22 Pan Rack - 103.53 Drop In Hot Well (3) - 915.09 Portion Scale (2) - 40.50 Wire Shelving - 152.52 Drop In Sink - 311.12 Three Compartment Sink - 362.83 Pre-Rinse Faucet Assembly - 159.76 Add On Faucet - 51.88 Pot Filler Unit - 503.15 Locker - 193.62 Steele Freestand Shelving (2) - 149.96 Gladiator Freestand Shelving - 179.99 Storage - Global Industrial - 785.35 Light Duty Shelving - 49.98 Ipad (3) - 987.00 Ipad Square Stands - 298.00 Cash Drawer POS - 84.19 Cash Drawer Portable - 48.49 POS Receipt Printer - 212.99 Barska Safe - 185.75 Hot Donut Bar - 1,094.78 Hot Donut Bar Legs - 741.36 Donut Machine Parts - 1,517.17 Fetco Water Filtration Unit - 256.00 Bunn G2 Bulk Grinder - 882.00 Fetco L3D 1 Gallon Server - 765.00 Water Softener - 250.00 Knock Box - 45.00 Tamper (2) - 104.00 Reach In Refrigerator - 1,924.71 Reach In Under Counter Refrigerator - 1,257.00 Ice Maker - 1,527.71 Menu Boards - 520.00

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The business is situated in a high rise mixed use building with apartments above and restaurants on the main level. Rent is $2100/month including CAM.

Market Competition and Expansion:

Competition: Standard competition for the market. Growth & Expansion: Focus more on marketing, networking, and making your concept different and fresh compared to competitors.

Reason for Selling:

Family Emergency.

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 a franchise resale opportunity.

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