278236-BK GREAT REAL ESTATE! Entertainment Venue & Restaurant

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Profitable! Expandable! Established! Growth Potential!
Asking Price:
$5,400,000

Gross Revenue:
$1,205,231
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$105,000
included in asking price

FF&E:
$80,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

GREAT REAL ESTATE with fantastic growth potential! Sale includes 2 separate businesses in operation for over 20 years, located next to each other on approx 3 acre lot. Both can be absentee owned and produce over $75,000 per year in SDE! Owner retiring, will only sell business and real estate together.

About the Business

Number of Employees:
39
Facilities:
Land was developed in 1997 and the 20,000 sqft entertainment venue was constructed. A house on the land was converted to an Italian restaurant and leased to a restaurateur who has been the only tenant. Both businesses have been very successful and the land has grown in value. Now with new land development in the area the future of both businesses is very bright. The demand for food and entertainment in the area is growing at a fast pace.
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1624439
Ad Detail Views:
0

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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

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