MergerPlace

Price Reduced- Full Serve Hampton Roads

Virginia


  • Asking Price: $149,900
  • Gross Income: $504,052
  • Cash Flow: $59,184
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $60,000
  • Listing ID: #200085
  • Established: 2011
  • Employees: 19 FT

Business Description

Located in Hampton Roads is this profitable, well-established restaurant. With a very regular customer base and adding continuously new customers, lies an extraordinary opportunity for someone to own an incredible Steak and Seafood Restaurant, located in a very busy tourist town with lots of traffic. The food is carefully prepared and delicious, the atmosphere is welcoming, and customers love the service. This establishments current employees are experienced and loyal. Turn-key business ready for first time owner or an experienced business owner. The facility includes seating capacity for more than 75 people with a full service bar. Current low lease with 4 years left and 5 year extension.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 19 FT

Financial Information

Asking Price: $149,900
Gross Revenue: $504,052
Cash Flow: $59,184
FF&E: $60,000
Seller Financing Available: No

Property Information

Facilities:

Facilities are very clean and updated.

Growth & expansion opportunities:

By adding more hours to Dinner or adding breakfast, potential buyer could increase revenue. The current owner also has not raised prices for over 4 years.

Reason for selling:

Business Owner is ready to Retire.

Support & Training:

Full liquor license.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Brock Green

Murphy Business Brokers