Profitable Restaurant with Sports Theme-110751-JM

Listing Number: 9525-110751

Description

This turnkey restaurant has been a local favorite in the Tidewater region of Virginia for over 20 years. The current owner took over the restaurant in 2009 and sales have tripled since that time.

It is located close to a major highway along a heavy-traffic route. There is entertainment, golf courses, retail, and residential within a short distance from the restaurant, allowing for large numbers of tourists and visitors as well as local clientele.

All kitchen and restaurant equipment and fixtures convey with the sale, as well as an impressive inventory of sports memorabilia.

Listing Details

• Price: $ 500,000
• Down Payment: $500,000
• Sellers Discretionary Earnings: $ 119,603
• Total Sales: $ 1,561,777
• Location: Williamsburg City, Virginia


• Inventory: $ 30,000
• FF&E: $ 137,000
• Employees: 35
• Year Established: 20
• Reason for Selling: Owner retiring
• Category: Restaurants