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Sell your restaurant business in Virginia - Fredericksburg
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Long Established Restaurant
Fredericksburg, Virginia

Asking Price

$295,000

Revenue $750,000 / year Lease Rent $9,000 / month
Cash Flow $150,000 / year Square Feet 3500
Direct Link www.restaurants-for-sale.com/24834

We have a well established business along with a very loyal clientele. We have been in business for over 20years at the same location and have expanded our business by increasing the physical size of the building. It is time for our family to move on and pass this successful business to the next person(s) we feel is qualified. We are looking for an experienced buyer with a passion for this bussinss and understands what is involved in running this type of operation.

General Information

Organization Corporation
Year Established 1994
Current Owners 1994
Employees 8
Operating Hours 6 days, 6am-8pm
Reason For Sale retiring
   

Facilities

Seating 100
Square Feet 3500
Parking lot
Licenses beer and wine
   

Financials

Revenue $750,000 / year
Cash Flow $150,000 / year
Payroll $125,000 / year
Inventory $15000
FF & E $50000
 
 

Lease

Lease $9,000 / month  
Expiration Not Available  
Yearly Adjustment Not Available  
Option Not Available  
Deposit Not Available  
     

Financing

Down Payment 200000  
All Cash 295000  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Elias Y
phone: 540-840-7700

forumelias@hotmail.com

 
   

 

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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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