MergerPlace

Classy Gourmet Restaurant

Virginia (Norfolk City)


  • Asking Price: $85,000
  • Gross Income: $166,722
  • Cash Flow: $28,200
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $28,000
  • Listing ID: #200889
  • Established: 2013
  • Employees: 1 FT/2 PT

Business Description

Classy Gourmet Deli Restaurant serving Breakfast & Lunch. Operating four years this 24 seat shop is nicely located in a major downtown building in a primary city in Hampton Roads. An attractive build-out and all new restaurant equipment highlight this opportunity. Spanning 1700 square feet the lease is reasonable at $1,800 per month. And currently the owner has in place a following based on a unique menu of gourmet and slightly eclectic dishes offering specialty sandwiches, salads, muffins & fruit along with a variety of Oriental dishes including chicken fried rice and Japanese veggie dumplings. The menu is diverse enough to satisfy everyone with a wide array of choices and specials everyday. This is a small restaurant operation with a consistent customer base. The owner has in place a delivery service and has in place the means to roll out catering which has been curtailed this year as a result of some personal challenges. In fact, those same challenges are the driving force and decision to sell. This is a great first business opportunity for an individual with that entrepreneurial spirit. And for the right buyer candidate the seller will consider some level of owner financing.


Business Details

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

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/2 PT

Financial Information

Asking Price: $85,000
Gross Revenue: $166,722
Cash Flow: $28,200
FF&E: $28,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Reason for selling:

Personal challenges.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers