Turnkey Restaurant | Breakfast, Lunch & Dinner Operation
Business Description
TURNKEY FULL-SERVICE RESTAURANT | 130+ SEATS | PORTSMOUTH, VA
Exceptional opportunity to acquire a fully operational restaurant with nearly 10 years of proven success in Portsmouth, Virginia. This established full-service establishment generates $739,700 in annual revenue with $145,000 in cash flow, offering breakfast, lunch, and dinner service in a prime location.
KEY BUSINESS HIGHLIGHTS:
• Established operation since 2015 with strong customer base
• 130+ seat capacity including private dining room for 30 guests
• Full commercial kitchen with pizza ovens, grills, fryers, and prep stations
• Large walk-in cooler and freezer for high-volume operations
• Six POS stations supporting dine-in, takeout, and delivery
• Third-party delivery platform integration already established
• $120,000 in furniture, fixtures, and equipment included
• $10,000 inventory value
• Absentee owner operation demonstrating systems efficiency
FINANCIAL PERFORMANCE:
• Annual Revenue: $739,700
• Cash Flow (SDE): $145,000
• Attractive lease at $4,500/month
• Strong profit margins with growth potential
LOCATION & FACILITY:
Highly visible Portsmouth location with established foot traffic. The spacious facility accommodates various dining experiences from casual meals to private events. Commercial-grade infrastructure allows immediate operations with minimal startup investment.
GROWTH OPPORTUNITIES:
• Expand catering and private event services
• Increase delivery and takeout sales
• Extend operating hours
• Enhance marketing and social media presence
• Introduce new menu concepts while maintaining existing customer base
This turnkey operation is ideal for experienced restaurateurs, investor groups, or entrepreneurs seeking an established business with immediate income potential. The seller provides 3 weeks of training support to ensure smooth transition.
Reason for sale: Owner relocation. All inquiries require confidentiality agreement. Financial documentation available to qualified buyers.
Asking Price: $246,000
Exceptional opportunity to acquire a fully operational restaurant with nearly 10 years of proven success in Portsmouth, Virginia. This established full-service establishment generates $739,700 in annual revenue with $145,000 in cash flow, offering breakfast, lunch, and dinner service in a prime location.
KEY BUSINESS HIGHLIGHTS:
• Established operation since 2015 with strong customer base
• 130+ seat capacity including private dining room for 30 guests
• Full commercial kitchen with pizza ovens, grills, fryers, and prep stations
• Large walk-in cooler and freezer for high-volume operations
• Six POS stations supporting dine-in, takeout, and delivery
• Third-party delivery platform integration already established
• $120,000 in furniture, fixtures, and equipment included
• $10,000 inventory value
• Absentee owner operation demonstrating systems efficiency
FINANCIAL PERFORMANCE:
• Annual Revenue: $739,700
• Cash Flow (SDE): $145,000
• Attractive lease at $4,500/month
• Strong profit margins with growth potential
LOCATION & FACILITY:
Highly visible Portsmouth location with established foot traffic. The spacious facility accommodates various dining experiences from casual meals to private events. Commercial-grade infrastructure allows immediate operations with minimal startup investment.
GROWTH OPPORTUNITIES:
• Expand catering and private event services
• Increase delivery and takeout sales
• Extend operating hours
• Enhance marketing and social media presence
• Introduce new menu concepts while maintaining existing customer base
This turnkey operation is ideal for experienced restaurateurs, investor groups, or entrepreneurs seeking an established business with immediate income potential. The seller provides 3 weeks of training support to ensure smooth transition.
Reason for sale: Owner relocation. All inquiries require confidentiality agreement. Financial documentation available to qualified buyers.
Asking Price: $246,000
About the Business
- Years in Operation
- 11
- Employees
- 13 Full-time
- Facilities & Assets
- Turnkey Full-Service Restaurant,Fully Equipped Family Restaurant,Complete FF&E Package Included
- Website
- https://paradisepizzeria.com
- Market Outlook / Competition
- Direct Mailing,Facebook,Instagram
- Opportunities for Growth
- A new owner can continue the existing concept or introduce a new restaurant brand while benefiting from the existing infrastructure and established location. Opportunities may include expanding catering services, increasing delivery sales, extending operating hours, hosting private events, enhancing marketing efforts, and introducing additional menu offerings.
This is an ideal opportunity for entrepreneurs seeking a turnkey restaurant, experienced operators looking to expand, or investors searching for a well-equipped food service facility without the significant cost and time required to build a restaurant from scratch.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,100
- Rent
- $4,500.00 per month
- Lease Expiration
- 3/18/2034
About the Sale
- Seller Motivation
- Relocation
- Transition Support
- 3 weeks
Listing Info
- ID
- 2519785
- Listing Views
- 16
Business Location
Listing ID: 2519785 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.








