Well-established, high volume restaurant & bar in Richmond

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Asking Price:
$400,000

Gross Revenue:
$1,600,000
Cash Flow:
 Not Disclosed
EBITDA:
$180,987
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a unique opportunity for an established operator to step into a well-run, turnkey, completely staffed operation and make money out of the gate! Great expansion opportunity without the ramp up time. No renovations are needed.

Also great for an investor that can take advantage of having the full management team in place. Minimize the risk of the restaurant business by buying one with a strong team, strong reputation, and strong financials.

About the Business

Location:
Richmond, Virginia
Growth & Expansion:
Lots of opportunity to expand hours of operation for various parts of the business.
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About the Sale

Reason For Selling:
Focus on other, ongoing operations
Training/Support:
The staff is all in place, and with a full management team already there, not much would be needed from the sellers. That being said, the sellers would do whatever is necessary to ensure a smooth transition.

Listing Info

ID:
1611241
Ad Detail Views:
0

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$
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Business Listed by

Nathan Hughes

Sperity Real Estate Ventures

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U.S. Census Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, 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 Chesterfield, Fairfax, Henrico and Richmond city Counties, 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.


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