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Established Family Restaurant in Hampton Roads For Sale

Hampton Roads, Virginia, US
Asking Price:
$49,500 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$350,000 (USD)
Cash Flow:
$45,000 (USD)

Purchase this established family restaurant with over $300K in gross receipts for near the cost of equipment an inventory.

Established in 1991, this Family Restaurant is a hub for good times, great memories, and delicious food! Serving locals and the hungry passerby for the better part of three decades, this restaurant has built a solid reputation of constant quality and service.

Even without a website, which is a potential area for growth for a low price-point, this restaurant has built a positive online presence through positive reviews and word of mouth.

This is an ideal opportunity for an experienced restaurateur or a manager or cook looking to get into the business with a pre-existing customer base and proven concept.

Contact FOUAD MOHIT, at (757) -------- or [email protected], --- ---- ----------- -----.

Property Information

Real Estate:

Lease

Premises Details:

2500.00

Size in square feet:
2400 sq ft

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Tuesday - Saturday, Hours: 11:00 AM - 9:00 PM

Employees:
Full Time: 2, Part Time: 9
Years established:
29

Other Information

Financing available:

Seller will consider some owner financing

Furniture / Fixtures value:
$60,000 (USD) - included in the asking price
Inventory / Stock value:
$2,500 (USD) - included in the asking price

Contact Information

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