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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