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Restaurant for Sale - south VA for sale in VA

Virginia (VA)

Asking Price: Gross: Cash Flow:
$ 42,500 $ 600,000 $ 50,000

Furniture and Fixtures Value:
$ 45,000 (included in the asking price)

Inventory Value:
$ 3,000 (included in the asking price)

Real Estate:
$ 450,000 (not included in the asking price)

Business Summary:
A Great Restaurant in an Old 3 story House, with 2 commercial kitchens (a pastry kitchen and regular kitchen)Down town location. $42,500 sale price is for the business and equipment/furniture. For sale by owners, partners are spliting. Great opportunity for an owner operator. It sits over 100 customers, Building can be purchased for $450,000 the rent is $2600 a month on a 5 year lease. It has Private parking it is downtown location next to farmers market, great big poarch for out door siting.

 

   
Year Business was Established: 2008
   
Number of Employees: 7FT/7PT  
   
Facilities / Terms of Lease: 5 year lease at $2600 a month  
   
Potential Growth/Expansion: build a full court yard for out door siting, and expand The Bar  
   
Competition: 2 restaurants in town that compete with us  
   
Owner willing to finance: No - Owner financing  
   
Owner willing to train: 30 days training  
   
Reason for selling: owners/partners are spliting  
   
Seller Reference Number: bm803227324
BusinessMart.com Listing Number: 124702
 

 

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