Awesome Real Estate Investment

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Asking Price:
$295,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$60,000
included in asking price

Real Estate:
$295,000
included in asking price

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Business Description

An excellent real estate investment opportunity. Former Tasty Treat closed on September 2018. You can build your building with the drive-thru or utilize the existing structure of 1,600 Square Feet.
Over 340 feet of frontage on US 460 with approximately 1.75 Acres of land. Located in the heart of the city of Wakefields, Virginia. Built initially for curb service and takeaway, but the trend has changed. You can build a drive-thru plus inside service and takeaway. This property allows you to have it all. For more information about this opportunity, please contact;
Fouad Mohit cell 7572372301 or fouad@sunbeltnetwork.com
Keller Williams Coastal Virginia, Chesapeake.

About the Business

Location:
Wakefield, Virginia
Year Established:
1961
Number of Employees:
1Ft 6Pt
Real Estate:
Owned
Building Sq. Ft.:
1,600
Facilities:
1.75 Acres buildable lot, prime location along U S 460 in the heart of the city of Wakefields with over 340 feet of frontage.
Market Outlook/
Competition:
The Value of this property is in the land. The existing 1,600 SQ feet structure and all fixture, furniture and the equipment to convey free of charge.
Growth & Expansion:
The property size and dimensions and ease of ingress-egress allow you ample room to build a drive-through.
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About the Sale

Reason For Selling:
Age, retirement

Listing Info

ID:
1566363
Ad Detail Views:
101

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Business Listed by

Fouad Mohit

Sunbelt Business Brokers of Hampton Road

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Sponsoring Broker:

SUNBELT HRVA
Sunbelt Business Brokers of Hampton Road

U.S. Census Data for Sussex County, VA
Age

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Ethnicity

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

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U.S. Community Survey Data for Sussex County, VA
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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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