Family Dining Establishment for Sale in Charlottesville Region

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Restaurant with a First Class Reputation!
Asking Price:
$350,000

Gross Revenue:
$1,750,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$45,000
not included in asking price

FF&E:
$150,000
included in asking price

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Business Description

Superb family restaurant for sale. Excellent reputation statewide. American cuisine with appetizers, salads and sandwiches. Full-service bar seats 75 with seven large screen TVs. Banquet room seats 80. Ample parking. Open seven days per week.

About the Business

Location:
Virginia
Year Established:
2013
Number of Employees:
30
Real Estate:
Leased
Building Sq. Ft.:
7,500
Rent:
$8,000.00 Per Month
Facilities:
Location is leased. Option to purchase the building and property for an additional $1.2 million.
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About the Sale

Reason For Selling:
Owner wishes to retire.
Training/Support:
Seller will provide transition support to the buyer.

Listing Info

ID:
1666163
Ad Detail Views:
0

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Business Listed by

Gavin Raphael

Light & Raphael

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