Restaurant & Catering
Location Virginia,United States
Asking Price Range $500K - $1.0M
Gross Revenues $768303
Net Profit / Cash Flow $237624
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2001
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Training Possible considerations include 2/3 with 1/3 down.
Reason for Sale The owner has other business interests at this ...
Description 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.
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