Profitable Seafood QSR in great location priced to sell!

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Turn key. Profitable with growth potential!
Asking Price:
$85,000

Gross Revenue:
$330,000
Cash Flow:
$67,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

Great opportunity to own this Seafood QSR! Turnkey operation, located in the heart of Va Beach! Part of a Successful and Growing Seafood and Kitchen Chain in the Hampton Roads area.
Near ALL the action, tons of residential homes, office buildings, medical offices, commercial buildings as well as major highways.
Operating 100% Absentee with great potential, a more involved hands on owner should be able to propel the sales and earnings.
People are consuming much more fish than in previous decades, with average worldwide per capita consumption hitting 43 pounds per year according to the Food and Agriculture Organization of the United Nations. The global seafood industry contributes $870 billion to the worldwide economy.
Revenue stream include affordable and delicious to go and catering.
The seller will train and transition the buyer at no cost! This Seafood Shack servs quality seafood in good portions at a reasonable price. They are known for variety of piled-high big fat burgers & seafood combos.

About the Business

Location:
Va Beach, Virginia
Year Established:
2017
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,800
Rent:
$0.70 Per Month
Lease Expiration:
7/31/2022
Facilities:
Spacious clean atmosphere
Market Outlook/
Competition:
The area has other restaurants, but none that directly compete with this concept.
Growth & Expansion:
Part of a Successful and Growing Seafood and Kitchen Chain
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About the Sale

Reason For Selling:
corporate store
Training/Support:
2 weeks training

Listing Info

ID:
1594553
Ad Detail Views:
0

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Business Listed by

Yeliv-Jill Adams

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U.S. Census Data for VA Beach, VA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for VA Beach, VA
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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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