Pizza, and Subs Restaurant in Fredericksburg, VA

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Business Description

$50,000 or BEST OFFER, Seller Says, Make Me an Offer. Easy to operate Restaurant offering Pizza, Subs, Wings, Salads, and more. Business is showing steady growth each month, and current owner is starting a Marketing push this month to get the year started fast. Current owner is operating the business as a Semi Absentee Owner. Being a full time, hands on, owner operator would help the business to grow much more rapidly, and give it a much higher Revenue, and Cash Flow stream. Great location with very reasonable rent also make it an attractive opportunity.

About the Business

Year Established:
2016
Number of Employees:
1 FT, 1 PT
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Rate/Sq. Ft./Yr.:
$17.96
Lease Expiration:
7/31/2021
Facilities:
1,500 Square Feet, with total current monthly rent of $2,245, and a Lease Term of 3 1/2 Years, and One 5 Year Option.
Market Outlook/
Competition:
Standard Restaurant Competition in the Area.
Growth & Expansion:
Expanding the Menu Items Offered. Being a Full Time, Hands On Owner Operator, along with doing more Marketing and Advertising.
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About the Sale

Reason For Selling:
Other Business Interests
Training/Support:
Seller will give 2 weeks of Training/Transition.
Seller Financing:
None

Listing Info

ID:
1461236
Ad Detail Views:
136
Asking Price:
$50,000

Gross Revenue:
$130,000
Cash Flow:
$20,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$20,000
included in asking price

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Business Listed by

Gary Steven Russell

G. S. Russell Business Brokers and Advis

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U.S. Census Data for Spotsylvania, Stafford and Fredericksburg city Counties, 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 Spotsylvania, Stafford and Fredericksburg city Counties, 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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