Top Performing Restaurant & Bar

Contact Seller
Asking Price:
$595,000

Gross Revenue:
$900,000
Cash Flow:
$90,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
$595,000
included in asking price

Share this business:

Business Description

Be your own landlord! Purchase this landmark restaurant including the real estate, goodwill, inventory, furniture, fixture and all equipment for far less than one-year gross revenues. Located in a bustling corner with excellent frontage, easy access, and excellent street exposure. Turnkey operation! Hurry! A deal like this does not come by every day.
For more information about this rare opportunity, please contact
Fouad Mohit cell 757-237-2301 or fouad@sunbeltnetwork.com

About the Business

Year Established:
1979
Number of Employees:
14 Ft 6 P t
Real Estate:
Owned
Building Sq. Ft.:
3,500
Facilities:
3500 square feet of well laid out bar, dining room, and kitchen with plenty of parking to accommodate 150 occupancies.
Market Outlook/
Competition:
With hardly any advertisement, just street exposure and word of mouth this great business have managed very well.
Growth & Expansion:
The new owners can extend the hours of the operation into the evening, implement a website and add delivery service.
Contact the Seller

About the Sale

Reason For Selling:
Other Business interest.
Training/Support:
The seller will train and transition the buyer at no cost.

Listing Info

ID:
1530591
Ad Detail Views:
146

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Fouad Mohit

Sunbelt Business Brokers of Hampton Road

 Show Phone Number

View My 50 Active Listings
Sponsoring Broker:

SUNBELT HRVA
Sunbelt Business Brokers of Hampton Road

U.S. Census Data for Hampton city County, 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 Hampton city County, 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.


Similar Listings


Report an Issue 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 & Conditions.
;