Profitable Full-Service Restaurant - $875K+ Sales - 66 Seats
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Full-service operation in grocery-anchored center - equipment conveys, name does
Established full-service restaurant generating $875,000-$900,000 in annual sales. Located in top-performing shopping center in affluent Richmond suburb with strong demographics and consistent traffic. Turn-key operation with strong reputation for authentic cuisine and exceptional customer service. Business includes 66 total seats (50 interior, 16 patio) in 2,400 SF space.
Name does not convey.
Full-service model with dine-in, takeout, and delivery revenue streams. Strong repeat customer base from surrounding affluent neighborhoods. Established systems, trained staff, and loyal following in place.
Name does not convey.
Full-service model with dine-in, takeout, and delivery revenue streams. Strong repeat customer base from surrounding affluent neighborhoods. Established systems, trained staff, and loyal following in place.
About the Business
- Facilities & Assets
- 2,400 SF space with 50 interior seats and 16 patio seats (66 total). 18-foot hood provides capacity for high-volume cooking operations. Full-service kitchen setup ready for continued use or concept conversion. Patio seating was added by pushing back storefront, creating unique outdoor dining advantage - only patio on the strip. Currently operates as full-service restaurant without bar. Equipment and fixtures convey with sale. Turn-key operation.
- Market Outlook / Competition
- Located in one of the top-producing retail centers in the Richmond region. Grocery-anchored with strong co-tenancy including pharmacy, coffee, and specialty retailers. Demographics within 3-mile radius show $135,950 average household income, 57.2% college-educated, and 80,000+ population.
Surrounding neighborhoods are among the most affluent in the Richmond metro area. Co-tenants include mix of quick-service and casual dining, creating dining destination within the center. - Opportunities for Growth
- Currently operates without bar - adding alcohol program would increase ticket averages and margins. Current hours leave room for additional service periods. Existing catering program could be scaled with dedicated effort. Delivery platforms operational with room for expanded marketing. Space and patio could support private events. Owner-operator model could optimize labor costs.
Strong foundation with nearly $900K in sales. Right operator could push past $1M with bar program and marketing. Affluent customer base supports higher check averages.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $7,000.00 per month
About the Sale
- Seller Motivation
- To focus on other, ongoing opportunities
- Transition Support
- Seller will provide assistance to facilitate a smooth transition.
Listing Info
- ID
- 2445121
- Listing Views
Listing ID: 2445121 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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