Semi – Absentee Latin Restaurant/Nightclub for Sale

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Asking Price:
$260,000

Gross Revenue:
$551,188
Cash Flow:
$146,157
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This low-key restaurant turns into a nightclub - great ABC licenses and a beautiful build out make this a no brainer for anyone looking to skip the start up struggles and step into an established, staffed, largely autonomous restaurant.

• 20 Years of Goodwill attached to the location
• Minimal competition in a large market
• Location convenient to traffic and residential areas
• Locally recognized menu items
• Some seller financing considered
• Brokers welcome - Bring your qualified buyers, we happily co-broke!

Completed Non-Disclosure Agreement and Buyer’s Profile required before any confidential information will be shared.

About the Business

Market Outlook/
Competition:
Supervisor position among minimal competition
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About the Sale

Reason For Selling:
career change
Training/Support:
4 weeks
Seller Financing:
87600.00

Listing Info

ID:
1326783
Ad Detail Views:
891

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Business Listed by

Steve Sigman

Transworld Business Advisors

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

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U.S. Community Survey Data for Virginia Beach city County, 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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