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Restaurant and Tavern For Sale

7/wk
Hampton Roads, Virginia, United States
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Asking Price$110,000
Revenue$575,000 Established2013
Cash Flow$80,000 EmployeesUndisclosed
FF&E$100,000* FranchiseNo
Inventory$15,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This 86 seat open kitchen restaurant is located in an eclectic area and near a popular historic entertainment venue . As expected by the owners when they opened 4 years ago, it has become a destination for fresh from scratch, farm to table food with an intimate bar serving creative drinks and drafts to match the creativity used by the chefs. The business will soon open a covered patio for alfresco dining.

The restaurant has a 2 AM ABC license to serve and can sell alcohol until midnight for off premises consumption.  The owners have fulfilled the "Dream" and now have other interest and family responsibilities.

Required Licenses: Health, Liquor
Training/Support:Seller will negotiate a transition period
Seller Financing:Seller will consider some financing for a qualified buyer
Sale Reason:Retirement
Ad #96195
Seller Reference #RICHMVA001-N1455
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Contact This Seller
Charles Broadwater, Jr.
(804) 673-8044
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