Contact Information

 

 

Profitable Hampton Roads Seafood Restaurant

Resized
  • Listing# : 15349
  • Listed Price : $365,000
  • Total Sales : $1,736,557
  • SIC : 58120700
  • Down Payment : $36,500
  • Status : Active
  • Discretionary Earnings : $95,543

Business Type :

Restaurants / Seafood Restaurant

Business Description :

Established, Profitable and Successful Seafood Restaurant -- Quick Sale Opportunity!

This long-tenured, successful, and locally owned/operated seafood restaurant is an outstanding acquisition target and checks all the right boxes for motivated buyers:
1.  The branding is established, highly recognizable, and well regarded by customers
2.  The business has a strong track record of profitable operations
3.  The restaurant has a dedicated, professional, and motivated team
4.  The facility is situated on a high traffic corridor with excellent access to a major highways
5.  The Hampton Roads community features a growing, vital economic landscape 
6.  The market is large and diverse and pulls from many customer demographic groups -- from families, tourists, retirees, students, to professionals
7.  The standalone building has a unique, tasteful, and themed decor that complements the menu offering
8.  The daily Happy Hour attracts a loyal, steady, repeat and profitable customer base 
9.  The facility seats over 250 people and is an excellent location for large group and corporate outings
10. There are many growth opportunities available, including offering lunch, catering, and entertainment options 
  
The sellers have decided to retire and are motivated for a quick, easy and stress-free sale. The business has been pre-qualified and includes an attractive financing package. This locally-owned, highly regarded landmark business contains every ingredient necessary for a new ownership group to take the operation to the next level.   

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $18,320
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $176,215
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $145,809
    • Incl : Yes
    • Total Assets $340,344
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants