Restaurant For Sale

www.GlobalBX.com

Listing ID: 700218457

Listing Title: Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=218457

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Virginia

Area

City: Chesapeake

Asking Price Range: < $250K

Gross Revenues: $300,000

Cash Flow: $75,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 10 - 19

Business Description:
Well established and profitable since 2007 Asian restaurant. Good equipment and furnishings. ABC Beer and Wine - On. Eat-in and carry-out. Excellent inspection history, good YELP ratings, web site, 2014 sales over $325,000+, good lease at $3,200 a month, exceptional staff and seller will train during transition. Seating for 78. Asking $165,000. Broker co-op 4%.The Company targets families and business customers with Thai meals in the Hampton Roads market. It operates its own professional kitchen to serve 100+ clients a day. It has ABC Beer & Wine On with a select variety of upgrade beer and wines. In addition to the Eat In business, the Company has a Carry Out business along with competitive Catering Services. The Company has an excellent inspection history. A high repeat customer count with web site client tracking offers additional customer growth during the coming years. As a profitable Virginia corporation grossing about $1k per day, with exceptional staff, a very good lease at $3,200 per month, in a large mall with major highway exposure, this is an excellent opportunity for a first time owner. The Company serves the medium to up-scale diners in the Hampton Roads market. Operational Strengths: The Company offers very competitive dining. It has an experienced staff of hostess and food preparers. The company has an excellent reputation for customer service and fine meals as shown by the excellent stability over the years. With over 2,200 square feet (with lease assignment), the Company is able to accommodate large private parties along with parking for over 100 cars, and Web Site Client Tracking. Over the years, the Company has received various dining awards that further enhance the Company's following and growth. A Virginia Corporation With CPA Reporting. Solid Company listing results from Google.com also has a Facebook.com presence. The Transaction: The Owners/Sellers are open to an outright sale with a possibility of an earn-out as the company gro



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