Established & Profitable Family Restaurant

www.GlobalBX.com

Listing ID: 700273017

Listing Title: Established & Profitable Family Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=273017

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Virginia

Area

City:

Asking Price Range: $250K - $500K

Gross Revenues: $669,239

Cash Flow: $300,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1995

Number of Employees: 6 - 9

Business Description:
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.



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