Established Restaurant in Great Location

NOT DISCLOSED, Virginia

Asking Price $175,000 Year Established
Annual Revenue $279,000 Reason for Selling Other  
Annual P/L $0 Attention Blair Grossman
Annual Cash Flow $68,788 Listing Number 1018249  
# of Employees Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Rare opportunity to acquire a fully built-out restaurant in a desirable Richmond neighborhood with the infrastructure to support a wide range of concepts. The current concept has earned 4.4 Google stars on 1030 reviews. The facility features an attractive dining room, full-service bar, private dining room, and fully appointed commercial kitchen with an approximately 20' hood. The private dining space and catering capabilities provide significant opportunities to expand revenue beyond traditional dine-in service, including corporate events, celebrations, rehearsal dinners and other private functions. This is an excellent opportunity for an experienced restaurateur to introduce a new concept without the substantial cost, time and permitting challenges associated with building a restaurant from the ground up. Ideal for an owner-operator, experienced restaurateur, or hospitality group seeking a turnkey location in an established Richmond neighborhood. Bring your concept—the expensive infrastructure is already in place.

Property Features and Assets:

Market Competition and Expansion:

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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