Restaurant & Catering
Location:
United States
->
Virginia
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This business was originally established in January of 2001 and has remained under the same ownership since inception. The owner began a catering operation 10 years ago; the restaurant has been operating for the last 5 years. The menu offers appetizers, salads, soups, entrees, and desserts ranging from $7 to $25. Catering takes place on and off the premises (includes 2 private dining rooms for larger parties) while the restaurant operates out of a main dining area that seats approximately 100. The business, facilities, and real estate are all available for a new owner/operator. The sale includes all fixtures and equipment and is practically a ''turn-key'' operation. In addition, this business was marketed in the past as a non-franchised concept. This company is centralized within a well known community and is situated in a great location for heavy traffic. It also has excellent room for growth with minimal supplementary expenses. Contact for more information on this Restaurant & Catering business for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$768,303
Cash Flow:
$237,624
Cash Flow Type: EBITDA
Seller Financing: Yes
About The Business
Year Established: 2001
Number of Employees: 20 - 34
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Possible considerations include 2/3 with 1/3 down.
Reason For Selling: The owner has other business interests at this ...
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70043030
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