Food Related Businesses For Sale in Virginia Beach Virginia

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Family Restaurant With A Gourmet Flair

Location:Virginia Beach, Virginia

Category:Food

Asking Price:$105,000

  • Sales revenue : $319,000
  • Net profit : $30,000
  • Furniture/Fixtures value : $40,000
  • Inventory/Stock value : $5,000
  • Family Restaurant With A Gourmet Flair

Business description

~~A chic “more-than” Breakfast and Lunch with gourmet flair! Started and operated as a deli for 8 years, this local B & L has a great fan-base with established branding. Open 7 days a week from 7AM to 3PM the facility, which was fully remodeled at in 2014, offers seating for 66 and includes a bar and full ABC license. The restaurant is 1500 square feet, at a reasonable $2,000 per month. A loyal, experienced and well trained staff, with both front of the house and back of the house managers, has this place hitting on all cylinders and can support a fire-and-forget turn-key approach if the new owner wishes. The menu is a blend of regional favorites and eclectic takes on comfort food: Three-decker Reubens, Crab and Bacon Eggs Benedict, fresh squeezed mimosas, chocolate chili, and vegan/ gluten free platters to name a few. The staff has been involved in the creative process and given the opportunity will continue to put together creative offerings. During summer months, this restaurant easily expands into dinner hours with current menu– the demand is there. This restaurant is located in the most affluent area of Virginia Beach and receives concurrent foot traffic with several other successful restaurants nearby. The owner was recently offered a very prestigious business opportunity that will not permit him to keep the restaurant. Dinner service will complement an operation with a monthly gross income in excess of $25k. The owner is motivated, but will assure a buyer a smooth transition into the operation and offer some level of financing for the right buyer candidate. For more information call Tom Fox, Advanced Business Brokerage, at * * ***, or email at: [Email Censored]

Other Information

  • Selling Assets: yes
  • Years Established: 2005
  • Employees: 8
  • Trading Hours: 7am-3pm
  • Support Training: seller provided
  • Reason For Selling: relocation
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