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Established & Profitable Family Restaurant
Location: United States -> Virginia
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This restaurant has been a family run business for over 22 years, and is known to the locals for its good food and warm, friendly hospitality. It is a hotspot for breakfast and lunches. Offering flavors of Greek, Italian, and Americano in an extensive menu along with in-house baked breads and pies. Presently it is running on 95% returning customer with no marketing expense.

The new owner can easily expand on business simply through marketing, along with offering off site catering and booking private banquet events. Located on a heavily traveled central artery into major city and receiving a lot of visual marketing. Open Tuesday through Saturday 6am – 8pm, Sunday 6am – 2:30pm.

There is ample private parking outside of the business. The restaurant seats 100 customers comfortably. Staffing is 3 full time in the kitchen and 5 part-time in the dining area. Owner is selling to pursue other business ventures and is willing to stay on at no charge for 4 weeks training.

● 3,500 sf overall facility (dining room, kitchen and office)
● Dining room seats 100
● Private parking
● Located on heavily traveled artery into major city
● $9,000 per monthly lease – currently this property is owned by the business seller.
● At present there is an option to buy the commercial property.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $669,239
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $57,500
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  Other business interests

Photos

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Established & Profitable Family Restaurant Photo 1




Print Listing Id: 700273017
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Virginia Businesses For Sale > Virginia Franchises For Sale > Virginia Business Brokers



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