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Profitable, Popular, Full Service Waterfront Restaurant for sale

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Seller Financing
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Richmond, Virginia (Henrico Co.)   |  Businesses for Sale Between $250k and $500k

Asking Price:
$425,000
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Gross Revenue:
$1,630,000
Cash Flow:
$200,000
EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$200,000
not included in asking price

Real Estate:
 Not Disclosed

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Business Description

Full-service themed restaurant with an active bar scene. Owned and operated by a restaurant pro with significant experience starting and operating successful restaurants in the market area. Professionally operated, great books and records. Motivated seller wants to relocate, semi-retire and enjoy the fruits of his long and successful career.

This is a turnkey business opportunity. A new owner should not experience any downtime in the transition of ownership. Plus, the seller is willing to offer onsite training and transition support.

About the Business

Year Established:
2009
Number of Employees:
4 FTE, 15 PTE
Facilities:
6,400 sq. ft. leased space
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will negotiate a transition period
Seller Financing:
Seller will consider some financing for a qualified buyer

Listing Info

Keywords:
food, retail, restaurant, bar, great location, waterfront location, virginia, seller financing, owner financing, eastern virginia
BizQuest Listing ID:
1288887
Ad Detail Views:
41
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Business Listed by
Listing Broker:

Sunbelt Business Brokers/Broadstone Capital, LLC


Contact Broker:
Charlie Broadwater
Sunbelt Business Brokers/Broadstone Capital, LLC

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U.S. Census Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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