Thriving Upscale Restaurant with Strategic Location For Sale

$950,000
For Sale

Financials

Annual Revenue
$2,371,806
SDE
$368,126
Approx. Inventory Value
$25,000
Approximate FF&E
$328,408

Details

Upscale restaurant with a decade of success, offering premium steak, fish, pasta, and cocktails in Virginia Beach. Features a unique niche, great location, and outdoor patio. Operated by a skilled staff under absentee ownership, with significant growth potential through extended hours and marketing.

Number of Employees
20
Establishment Date
Jan 1, 2013

Property

Rent
$15,804
Rent Schedule
Monthly
Lease Expiration
Dec 1, 2028

Location

Price & Financing

Asking Price
$950,000
Buyer Financing
Yes
SBA Prequalified
Yes

Training

Included
Yes
Cost
Free
Duration
2 weeks

Ad#:746

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