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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Virginia Businesses For Sale Categories   >>   

Savvy Restaurant And Entertainment Venue

Location  Virginia,United States
Asking Price Range  < $250K
Gross Revenues  $790000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1993
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Description  Savvy Restaurant and Entertainment Venue. This Restaurant and Entertainment facility is all about the younger crowd featuring nightly local talent inside a 6000 square foot facility. In 2010 the owners made a bold decision to take a well-established location to the next level with an entertainment offering second to none. Seven nights a week the facility offers some form of local quality talent. That coupled with a well adorned menu and multiple bar locations in the same facility, the business is growing monthly. The establishment is resonating with a returning customer base in the surrounding area, becoming the hot spot for locals to gather to enjoy a good meal, great friends, and tantalizing entertainment. The change in the business model has paid off doubling 2010 revenue to just under $800,000 in gross revenue in 2012. The lease is reasonable at $6,200 per month. The business is clearly in the growth mode. However, the owners find themselves in a position where a career change coupled with an upcoming relocation is altering their current business plans. They are motivated in this sale opportunity and are offering a unique approach to convey the business assets. Without a specific asking price for the business the owners are open to all offers. For more information call Frank Chebalo, Advanced Business Brokerage, at 757-478-8346, or email.
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