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Businesses For Sale   >>   Richmond Businesses For Sale   

Great Sports Themed Wing Grill

Location  Richmond, Virginia, United States
Asking Price Range  < $250K
Gross Revenues  $113372
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased

Description  
BUY FOR LESS THAN ASSET VALUE! Very well located and fully equipped sports themed restaurant in busy shopping center offering eat-in/take-out wings, burgers, sandwich type menu with beer/wine. Less than one mile from I-95 exit, the restaurant is next to several nationally recognized anchor stores. Seating for 30 with ample parking, sales in 2008 are running 23% ahead of 2007 and 30% ahead of 2006 without advertising. Absentee owners have caused a negative cash flow due to allowing expenses to far exceed industry norms. Business is very viable for a hands on owner-operator and is being sold at near asset value. Fixtures and equipment worth $90,870 convey with business as well as $180,000 of amortizable leasehold improvements. Contact for more information on this Sports Themed Wing Grill business for sale.


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