[SOLD!] Open for weekday lunches only! Own a restaurant w/o working rest hours

Sold

BUSINESS FOR SALE, NOT A REAL ESTATE TRANSACTION


Asking Price: WITHHELD

This Richmond institution has been going strong for decades. This is an owner-operated business, but the hours are only weekday lunches. Closed on weekends and nights, so you can be in a successful restaurant business without working typical restaurant hours!

Café Ole is a quick-service Mexican restaurant on 6th Street in the heart of Richmond’s downtown financial district with a very heavy daytime population. They have historically only served lunch, but there is a growing residential base due to a number of nearby buildings being developed into large apartment communities.

  • Plenty of take out and sit down business.
  • Open since 1992 – current owner in place since July 2008
  • A 70 seats inside and 6 on sidewalk patio
  • Landlord will do a new lease with comparable rents & 2.5% escalations
  • Staff, recipes, & all systems in place – turn key opportunity!

Article in the Richmond Times-Dispatch about the sale (August 21, 2018):  Cafe Ole restaurant in downtown Richmond is for sale_RTD article_082118

Address:2 N 6th Street
City:Richmond
State:VA
Zip Code:23219

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