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Profitable Family Restaurant
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $969664
Net Profit / Cash Flow $148570
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1973
Number of Employees 35 - 49
Inventory 64006
Relocatable No
Number of Employees 35 - 49
Real Estate Owned
Training Seller will train for 30 days at no charge.
Reason for Sale Seller burn out. Ready for career change.
Description New Lower Price - $199,000! The Company is an established, well-known family restaurant for sale, located in the beautiful Shenandoah Valley area of Virginia. The restaurant is in an excellent location and enjoys a great reputation with many considering it a ''staple'' in its market. Local families are its primary customers. The restaurant serves fresh cut steaks, homemade family recipes, has an outstanding food buffet, and seats one-hundred-fifty-two customers. There is a well tenured staff with two full-time managers in place to handle the day-to-day operations. History: The restaurant was established in the early seventies with the current owners purchasing it in 1985. Through the years, they have added significantly to the restaurants offerings making it one of the best values in town, while only serving the highest quality foods. Through their hard work, they have developed a great eating environment where the atmosphere is friendly and home-like. The restaurant has a significant amount of repeat local family customers verifying the quality of the product they deliver. The real estate is also offered for sale at $850,000. This is an outstanding opportunity for an individual to own their own business and immediately earn profits.
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