Campbell County, VA Family style restaurant for sale

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Asking Price:
$495,000

Gross Revenue:
$824,128
Cash Flow:
$88,143
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Family style restaurant for sale in Campbell Country, Virginia that has been established for 46 years serving as the premiere restaurant to eat in this small, historic commuter town. This location serves as a pass through between North Carolina and Virginia, receiving frequent travelers that have enjoyed the restaurant as a stopping point for years. The location is in the central Virginia region and serves as the center of commerce for a portion of Campbell, Charlotte and Halifax Counties. After years of hard work and loyal customers the current owners are ready to retire and envision a new owner take it to the next level. This family style restaurant has top line sales of over $800,000 annually with solid tax returns and a proven track record. The location has plenty of parking, easy access and serves as a meeting place for the town; in regards to, church meetings, women’s groups, Birthday parties and more. This family style restaurant serves a wide variety of country and southern style dishes offered for breakfast, lunch and dinner; as well as a large popularity for take-out pizza. The business provides carryout, dine in, outside catering and a drive through and is open 6 days a week. A commercial kitchen comes equipped with a hood, fryers, grill, sinks, flat top grill, 2 deep freezers, walk in cooler, walk in freezer, 4 warming cabinets, 5 stainless steel tables, steam table, microwave, shelving, gas stove, dough press, 3- compartment large stainless steel sink, 2 small hand sinks, #10 can rack, refrigeration, commercial dishwasher and $10,000 pizza oven purchased in 2017. The 3,666 square foot family style restaurant also has a new hot water heater (2016), new heating and cooling system (2016), updated bathrooms (2014), and a POS system. Price includes building, land and business. Don’t want to start from scratch? The seller will train and provide all of the recipes that has made this restaurant a success. The operation is laid back; yet, well run with every cost counted out and every penny. Loyal clientele over decades frequent the old-fashioned home cooking restaurant with a solid reputation in the community with a loyal staff that has a good rapport built up with the long- term customer base, providing a total turn key business opportunity. Call now for a chance to find out more about this landmark restaurant business for sale that has created a loyal customer base due to great food and excellent customer service. Equipment and inventory included in the sale.

For more information about this exceptional business opportunity, please contact: Jenni Hushour

For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg - United Country/Roanoke Realty & Auction located in Roanoke, VA.

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About the Business

Year Established:
1971
Real Estate:
Owned
Building Sq. Ft.:
3,666
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About the Sale

Reason For Selling:
Retirement

Listing Info

ID:
1457876
Ad Detail Views:
10

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Business Listed by

Jenni Hushour

Sunbelt Business Brokers

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Sponsoring Broker:

Mike Keen
Sunbelt Business Brokers

U.S. Census Data for Campbell 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 Campbell 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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