Profitable Tapas Restaurant and Lounge For Sale

Virginia Beach, VA

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$775,000
FF&E:$150,000
Cash Flow:$85,000
Inventory:$6,000
Established Year:2018
BUSINESS DESCRIPTION

Looking for a restaurant in Hampton Roads, you must see this one! Successful Tapas restaurant and lounge located at one of the prime locations in Hampton Roads.

The business is newly renovated and updated. The licenses are current and in good standing. All the ingredients are here already for an experienced Restaurant Night Club operator. Licenses and the lease are a bonus in this purchase.

Any questions, please call.


DETAILED INFORMATION
Location
Virginia Beach, VA
Inventory
Included in asking price
Real Estate
Leased
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
$100,000 cash down and assume existing notes for the balance.
Support & Training
The Seller will offer a generous training and transition plan.
Reason for Selling
Seller is not motivated any longer.
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Charles
Broadwater
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Charles Broadwater