Sunbelt Business Advisors | Buy A Business | Texas

Richmond: 804-673-8044 Email: broad@sunbeltrichmond.com

Restaurant and Tavern For Sale

Listing ID:
RICHMVA001-N1455

Description:

This 86 seat open kitchen restaurant is located in an eclectic area and near a popular historic entertainment venue . As expected by the owners when they opened 4 years ago, it has become a destination for fresh from scratch, farm to table food with an intimate bar serving creative drinks and drafts to match the creativity used by the chefs. The business will soon open a covered patio for alfresco dining.

The restaurant has a 2 AM ABC license to serve and can sell alcohol until midnight for off-premises consumption. The owners have fulfilled the “Dream” and now have other interest and family responsibilities.

Ideal restaurant for Chef Owner.

The owner is preparing for the new city plans for growth of condos and apartments under construction behind the restaurant by doubling the outside dining area to accommodate demand in warmer months.

Seller Financing Available   

Financials:

Industry: Restaurants | Bars | FoodService
State: Virginia
City: Hampton Roads
Annual Revenue: $575,000
Asking Price: $130,000
Annual Cash Flow: $80,000
Listing Agent: Charles Broadwater, Jr.
Phone: 804.673.8044