269335-Successful Specialty Restaurant And Market

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Asking Price:
$299,000

Gross Revenue:
$700,000
Cash Flow:
$140,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$40,000
included in asking price

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Business Description

Profitable Specialty Buffet Style Restaurant in an upper -class neighborhood. Included in the sale is a Specialty Food Market that offers the same fare as sold in the Restaurant

About the Business

Year Established:
2012
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$6,014,000.00 Per Month
Facilities:
Founded in 2012, successfully operated until 2015 and business was sold and subsequently taken back in 2017, reopening was 2018
Market Outlook/
Competition:
This restaurant has been recently remodeled and ready to grow. All it needs is new ownership with marketing experience
Growth & Expansion:
There is only one similar restaurant in Richmond and the cost of a meal is double the price of this restaurant. This is the only buffet style of its type in Richmond.
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Listing Info

ID:
1571920
Ad Detail Views:
7

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Business Listed by

Bill Kelly

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:

Transworld Business Advisors CEO, Rupesh Bharad
Transworld Business Advisors of Richmond VA

U.S. Census Data for Henrico County, 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 Henrico County, 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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