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Dine - In & Carry - Out Restaurant
Location: United States -> Virginia -> Norfolk
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Dine in and Carry-out Restaurant for Sale in Norfolk, VA

Dine in and Carry-out Restaurant for Sale in Norfolk, VA

This owner operator dine-in and carry-out restaurant offers a variety of homemade comfort food and is currently open for lunch and dinner 5 days a week. The majority of the business currently comes from location and word of mouth but could certainly be increased with expanded hours and marketing.

- $325,000+ Gross Sales
- $65,000+ Net Earnings
- $60,000+ in Furniture, Fixtures, Equipment and recent lease hold improvements
- Turnkey Operation
- Excellent location near industrial and residential areas
- Spacious fully equipped kitchen
- 2,400 sq/ft facility with 3.5 years remaining on lease and 5 year option
- New owner can retain same name and recipes or convert to new concept
- Seller financing shows owners belief in continued success
- Owner will train for 2 weeks in transition

As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $326,587
Cash Flow:   $68,432
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $64,000
Seller Financing:  Yes

About The Business

Year Established:  2018
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  New venture

Photos

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Dine - In & Carry - Out Restaurant Photo 1




Print Listing Id: 700313228
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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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