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Restaurant - Angelo's Colonial - Established 1990
Location: United States -> Virginia -> Middlesex
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

Opportunity to buy an established family restaurant for sale, located in one of the top sailing, fishing communities on the Chesapeake Bay. *Home of the famous Oyster Festival*

The restaurant has been in business in this location for 19 years; open year-round 6 days a week. Owner is willing to work with new proprietor to transition ownership and help continue current client loyalty.

Competition: Angelo.s is the only restaurant in town that is open 6 days a week, year round. The locals favor Angelo.s and business always increases during the summer months, particularly patrons from Bethpage campground and transient boaters docking at the marina which is in walking distance.

The town of Urbanna is on the brink of a boom development with *Rosegill*,( a planned community developing up to 749 home sites in the near future which is only 1/4 mile down the road from Angelo.s restaurant.

ASKING: $375,000. For details email or call 804-318-4050.


Asking Price Range:  $250K - $500K
Gross Revenues:   $385,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1990
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  Available.
Reason For Selling:  Retirement.


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Restaurant - Angelo's Colonial - Established 1990 Photo 1

Print Listing Id: 700117295
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