Busy, full-service restaurant — pricing based on Covid-era financials

Businesses For Sale

BUSINESS FOR SALE, NOT A REAL ESTATE TRANSACTION


$380,000 — Asking Price

Location:  Chesterfield County, VA

Facilities:  approx. 210 seats total, including private dining areas that can double as daily dining for overflow, and a large, outdoor patio. Large, well-equipped kitchen and an office.

Support & Training:  Seller will train new owner to ensure a smooth transition.

$947,577 — 2020 Annual Sales
$254,990 — 2020 Discretionary Earnings (Cash in your pocket as a full-time operator)

If you’ve been looking for a good deal, this is your chance! The owners have done a great job with the restrictions and kept business rolling, with reduced hours. The sales and cash flow in normal times are more than 50% higher than the numbers during 2o2o!

You could easily spend three times the asking price to build out a space like this. It’s no secret that restaurants are a risky business to start up. Why go through that uncertainty? Here, you can step into a well-located, clean operation with a great reputation, a solid staff, and a growing customer base. Be the exception – make money right away while you’re doing something you love!

 

Photo by Davey Gravy on Unsplash

Price:$380,000
City:Chesterfield
State:Virginia

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