SBA Pre-approved Ethnic Restaurant for Sale in Charlottesville

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Great Cashflow - Owner Retiring
Asking Price:
$242,500

Gross Revenue:
$575,981
Cash Flow:
$142,494
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$75,000
included in asking price

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Business Description

This highly rated and profitable ethnic restaurant has been successfully providing its local area with top quality food and service for over 15 years. They specialize in family dining experience of authentic ethnic cuisine. They also offer delivery on top of dining at the location.

• 25% + Profit margin
• $600,000 + Gross Sales
• $140,000 + Cash Flow
• $100,000 + FF&E included
• Turnkey operation
• Same location for 15 + years
• Highly ranked Thai restaurant
• Recent improvements
• Traffic VPD of 50,000 +
• Minutes to downtown and UVA
• Delivery services
• Excellent support from seller
* As little as 30k down for qualified buyer
• Seller financing shows seller’s confidence in continued success

As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!

About the Business

Location:
Albemarle County, Virginia
Year Established:
1999
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
2,500
Rent:
$5,497.00 Per Month
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About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks
Seller Financing:
119000.00

Listing Info

ID:
1591787
Ad Detail Views:
1501

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Business Listed by

Marvin VandeLinde

Transworld Business Advisors

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Sponsoring Broker:

Steve Sigman
Transworld Business Advisors


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