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Profitable Restaurant, With Real Estate Available In Rural Community Central Virginia For Sale

Rural Community Central Virginia, Virginia, US
Asking Price:
$545,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,100,000
Cash Flow:
$295,000

* Over forty years of successful operation at this location.
* Extremely profitable. Limited competition.
* Enviable reputation in the marketplace for high-end food products and outstanding customer service.
* All food items are 'made to order'.
* Large, loyal customer base.
* Well-trained, motivated and customer friendly staff.
* The staff will easily transition customers to a new owner.
* Dominant brand presence in market served.
* Well thought out and efficient workflow throughout the restaurant.
* Equipment is in excellent condition, well-maintained and includes many new and recently upgraded items.
* Owner plans to retire following a transition period with the new owner.
* Great lifestyle location. Small town environment. Wonderful recreational opportunities, low crime rate.
* Semi-Absentee Owner
Facilities:
This is a 2400 sq. ft. , well-designed facility with a drive-thru. Seating is provided for 60 customers and parking for 36 cars. A fantastic new sign package has just been installed and there are many upgrades and new pieces of equipment.
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: $250,000.00
Real Estate Description:
Available for lease or purchase

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: ON REQUEST
Owner worked hours per week: 30
Is Going Concern: Yes
Market Competition: Competition is limited

Property Information

Size in square feet:
2,400

Business Operation

Reasons for selling:

Owner retirement

Employees:
Full Time: 7, Part Time: 6
Years established:
44

Other Information

Support & training:

The seller will provide ample post-close training and transition for the new owner.

Financing available:

Downpayment Required: NEGOTIABLE

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$4,000 - included in the asking price