Locally Owned Profitable Casual Restaurant

Business
  • Listing# : 16002
  • Listed Price : $395,000
  • Total Sales : $766,813
  • SIC : 5812
  • Down Payment : $79,000
  • Status : Active
  • Discretionary Earnings : $187,155

Business Type :

Food Business Retail / Food Deli Take Out

Business Description :

Lender Pre-Qualified!

This well established Casual Restaurant opened it’s doors in 2015 and has experienced organic customer growth literally from day one. But the real measurement is the sustained incremental growth as depicted in the financials. It’s the true marker of success and in this case plots an encouraging future looking story. 2020 has been a challenging year for every business in the Hampton Roads area, and this one is no exception. But the business has prevailed and is recovering nicely suggesting that the unique formula found under the roof of this franchise operation resonates with their customers and their commercial client base. The eatery operates in a grand area, surrounded by a large residential population and additionally, nestled in a strong business and commerce area. The best of both worlds, as the business enjoys the business lunch crowd as well as families and friends. And the menu line up is unique to the facility, offering a different and special comforting twist second to none. 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $9,000
    • Incl : Yes
    • Liabilities $478,147
    • Incl : No
    • FF&E $75,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $84,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Food Business Retail