Profitable/Reputable Restaurant Near William and Mary-AF

Listing Number: 9525-388617

Description

Awarded 3 times, top 10% in the world on trip advisor,
The Business is family owned, and operated. Cash flow growth is 267% over 6 years. The Location itself is in Historic Williamsburg, VA, next to William & Mary, generating business from tourists, and students. Currently, hours are limited and aren't open on Sundays, so there is a lot of room for business growth and revenue growth. There is no reason why sales, and cashflow won't increase given how great the location is, even when we aren't open every day of the week. Have a beer and wine license. Currently, the inside seats 30 and the outside seats 15.
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*Update there was recently an appraisal conducted by Sun Business Valuations. Sun Business Valuations, LLC is fully accredited through the National Association of Certified Valuation Analysts (NACVA) and is a long-time member of the Institute of Business Appraisers (IBA).

Listing Details

• Price: $550,000
• Down Payment: $550,000
• Sellers Discretionary Earnings: $250,000
• Total Sales: $900,000
• Location: Williamsburg City, Virginia


• Inventory: $0
• FF&E: $0
• Employees:
• Reason for Selling: Retirement
• Category: