Great Established Fan Area Restaurant And Bar
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $600000
Net Profit / Cash Flow $120000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1980
Number of Employees 6 - 9
Inventory 200000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Owner will assist in transition
Reason for Sale Owner is waiting to retire..has been in industry over 40 years
Description Well Established Fan Area Restaurant and bar with great outside sheltered patio ! A longtime venue for great Jazz Music and food that is exceptional. Owner needs to retire and offers a walk in -take over opportunity. All ABC permits and owner will assist in the transition period. Close to colleges, and downtown....strong dedicated clientele and the potential to grow is there waiting on the motivated, aggressive restauranteur. Beautiful wood interior and bar area is awesome ! Strong income stream and profitability can be increased with simple strategies. Call Bob at 804-852-7570 and we can discuss the specifics of this opportunity in more detailed.
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