Family Style Restaurant
www.GlobalBX.com
Listing ID:
700236652
Listing Title:
Family Style Restaurant
Quick Link:
http://www.globalbx.com/listing.asp?bId=236652
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Virginia
Area
City:
Danville
Asking Price Range:
$250K - $500K
Gross Revenues:
$1,027,441
Cash Flow:
$106,455
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1963
Number of Employees:
20 - 34
Business Description:
This business is an established, successful, and very well-known family restaurant located in South Central, Virginia. Its menu includes home-cooked family meals served at breakfast, lunch, and dinner. The quality of the food has established a steady, loyal customer base. The attractive, stand-alone restaurant is 3,280 square feet and seats 100. The business has made money since its inception, and offers a new owner an excellent opportunity to own his own business and have a great quality of life in a wonderful Central Virginia City!
HISTORY: The restaurant was established over fifty years ago and was an immediate success. It has an amazing amount of customer traffic, and a high level of repeat business. Home cooked meals at reasonable prices are the cornerstones of its success. There are also many opportunities for a new owner to increase revenues including expanded dining hours, and the addition of catering and delivery services.
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