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Long Established Breakfast And Lunch Dining Spot For Sale

Virginia
Asking Price:
$149,900 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$406,563 (USD)
Cash Flow:
$95,421 (USD)

Long Established Breakfast & Lunch Dining Spot. Serving customers over 25 years this Hampton Roads location is a staple in a large community bustling with activity. Since opening the doors the owner has set a simple goal of serving customers a great plate of food in a home style comfortable setting. And for years customers have enjoyed that goal and keep coming back. The best complement to a job well done. As a result the profitability of this establishment is great, the location is great and the reputation is stellar. Operating in 2,000 square feet the location has seating for 65 and includes a great menu and Wi-Fi. A meal on the run, or a great meeting spot to share a meal with family and friends this location has it going. The lease has two years remaining with a five year option at market competitive rates. And the support staff and employees are trained, loyal and many of them are long term. Fourteen employees assist in the day to day operation. The kitchen equipment is in great shape including a new HVAC system. And the facility itself was remodeled over the last three years. This is a unique find and a great turn key opportunity. The owner, looking at this point to retire, will insure a smooth and comfortable transition.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 6:30am-3pm; Sat-Sun 6:30am-2pm

Employees:
2 FT / 12 PT
Years established:
28 years

Other Information

Support & training:

Will train for 2 weeks @ no cost

Furniture / Fixtures value:
$25,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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