Listing Number: 9525-641926
Description
A great revenue generating business perfect for a family looking to do business. The restaurant currently offers Fine Dining -, takeaway, and catering options. The business has a loyal following and online presence where you can make reservations, order online, and check out the menu from the website.
Right across from student housing and university that leads the consumer spending of food & Alcohol to be highest in that area. In a busy strip mall, in a high traffic zone, the restaurant averages sale of $45000 to $50000 a month. Large residential and small businesses surround this location in the vicinity with ample parking and easy in & out access.
The kitchen and the grill have lots of space and all the equipment is in good condition. It’s a perfect location for a family-run business and easy to operate with limited payroll. Great turn key restaurant with an existing client base that has consistently increased. Everything is in place to take over and take what they have already established and make it grow even more.
Listing Details
- Price: $ 108,000
- Down Payment: $108,000
- Sellers Discretionary Earnings: $ 170,000
- Total Sales: $ 540,000
- Location: Farmville City, Virginia
- Inventory: $ 0
- FF&E: $ 100,000
- Employees: 5
- Year Established: 2019
- Reason for Selling: other interests
- Category: Restaurants
Business Listed By:
- Andy Shah, CM&AP
- Phone: (804) 409-0930
- Email: [email protected]
