Well-established, high volume restaurant & bar in Richmond

For Sale

BUSINESS FOR SALE, NOT A REAL ESTATE TRANSACTION


$400,000 — Asking Price

This is a unique opportunity for an established operator to step into a well-run, turnkey, completely staffed operation and make money out of the gate! Great expansion opportunity without the ramp up time. No renovations are needed.

Also great for an investor that can take advantage of having the full management team in place. Minimize the risk of the restaurant business by buying one with a strong team, strong reputation, and strong financials.

Detailed Information

Growth & Expansion: Lots of opportunity to expand hours of operation for various parts of the business.
Support & Training: The staff is all in place, and with a full management team already there, not much would be needed from the sellers. That being said, the sellers would do whatever is necessary to ensure a smooth transition.
Reason for Selling: Focus on other, ongoing operations

$1,600,000 — Annual Sales
$180,987 — Annual EBITA (cash flow with full management team in place)

 

Stock Photo by David Straight on Unsplash

Price:$400,000
City:Richmond
State:VA

Listing Inquiry