Turnkey, Award-Winning Restaurant for Sale in Virginia
Richmond

Looking for an award winning, turnkey restaurant with a long standing history and the best food and drinks south of Richmond? The opportunity of a lifetime has arrived that you won't want to miss!

 

This semi-absentee owned restaurant has been a local favorite for over a decade. With a robust social media presence and countless outstanding Google reviews, it continues to maintain a positive reputation. With an established and loyal customer base and staff, this beloved restaurant has seen steady growth over the years.

The current owner has done a fantastic job cultivating a warm, inviting atmosphere that attracts a stream of both new patrons and loyal regulars.

The sale includes all furniture, equipment, and appliances, and the owner is committed to ensuring a smooth transition.

This is a fantastic opportunity to take over a thriving business with a stellar reputation and abundant potential for growth. Whether you're an experienced restaurateur or a budding entrepreneur, this beloved restaurant is poised for its next chapter!

Listing Number:

23930

Category:

Food - Restaurant

Location:

Richmond
$579,000

Financial Information:

Gross Revenue:

$1,068,888

Listed Price:

$579,000

Down Payment:

$0

Total Income:

$128,131

Year Established:

2014

Lease Information:

Square Feet:

3440

Total Rent:

$2,425

Lease Expiration:

N/A

Lease Options:

Month to Month

Asset Information:

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$60,000

Inventory:

$1,500

Other Assets:

Leasehold Improvements: Patio, built and installed kitchen, new toilets, walk in cooler refurbished, HVAC system refurbished, built and upgraded behind bar

Additional Information:

Full-Time Employees:

9

Part-Time Employees:

13

Special Licence Required:

ABC License, City Business License, and Health Department License

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Moving to be closer to family

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Proctor Trivette
Office: | Cell: (804) 965-4460
License #:

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Turnkey, Award-Winning Restaurant for Sale in Virginia
Richmond

Listing Number:

23930

Category:

Food - Restaurant

Location:

Richmond

Listed Price:

$579,000
brokerPhoto
Proctor Trivette
Office: | Cell: (804) 965-4460
License #:

Looking for an award winning, turnkey restaurant with a long standing history and the best food and drinks south of Richmond? The opportunity of a lifetime has arrived that you won't want to miss!

 

This semi-absentee owned restaurant has been a local favorite for over a decade. With a robust social media presence and countless outstanding Google reviews, it continues to maintain a positive reputation. With an established and loyal customer base and staff, this beloved restaurant has seen steady growth over the years.

The current owner has done a fantastic job cultivating a warm, inviting atmosphere that attracts a stream of both new patrons and loyal regulars.

The sale includes all furniture, equipment, and appliances, and the owner is committed to ensuring a smooth transition.

This is a fantastic opportunity to take over a thriving business with a stellar reputation and abundant potential for growth. Whether you're an experienced restaurateur or a budding entrepreneur, this beloved restaurant is poised for its next chapter!

Financial Information

Gross Revenue:

$1,068,888

Listed Price:

$579,000

Down Payment:

$0

Total Income:

$128,131

Year Established:

2014

Lease Information

Square Feet:

3440

Total Rent:

$2,425

Lease Expiration:

N/A

Lease Options:

Month to Month

Asset Information

Leasehold Improvements:

$50,000

Equipment / Fixtures:

$60,000

Inventory:

$1,500

Other Assets:

Leasehold Improvements: Patio, built and installed kitchen, new toilets, walk in cooler refurbished, HVAC system refurbished, built and upgraded behind bar

Additional Information

Full-Time Employees:

9

Part-Time Employees:

13

Special License Required:

ABC License, City Business License, and Health Department License

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Moving to be closer to family

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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