Short-Order Restaurant across from Large Public Arena-369521-DB

Listing Number: 9525-369521

Description

The short order restaurant has been a fixture in the Richmond VA area for over 30 years. It is located across the street from two large sources of customers and has strong social proof (Google 4.4, Grubhub 4.7, Door Dash 4.7, based on over 5,000 reviews). No family employees, and owner handles mostly back-office roles. Priced at a very reasonable 2.5x net earnings. Owner is preparing for retirement but in no hurry to do so.

Listing Details

• Price: $375,000
• Down Payment: $375,000
• Sellers Discretionary Earnings: $147,182
• Total Sales: $735,182
• Location: Virginia


• Inventory: $4,000
• FF&E: $10,000
• Employees: 10
• Reason for Selling: Owner retirement
• Category: Restaurants