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Restaurants / American Restaurant, Restaurants / Catering
Every once in a while, the opportunity to own a true
landmark comes along! This full-service restaurant has been a fixture in
the Richmond market for over 20 years offering top-quality food and down-home
service at affordable prices. Richmond awards and accolades are too many
to mention.
Like most restaurants, this business had to overcome challenges during the
COVID 19 pandemic. 2020 cashflow was $239K. It's important to note
that 2021 cashflows are NOT indicative of this restaurant's normal
performance as both locations were closed for 8 weeks due to staffing issues
and major renovations including new HVAC and fire suppression systems.
However, as the communities emerges from the pandemic, customers are
anxious to get back out to eat! Both locations are fully staffed with
strong General Managers in place. This allows the owner to focus on
business development, team building, and quality assurance.
This company also enjoys a strong catering business that is booming with 7-10
jobs per week. This trend is expected to continue as companies and groups
get back together in 2022.