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Full Service Restaurant with Bar and Video gaming (lottery)

Moorefield, WV
Entrance
Entrance
Asking Price:$700,000
Gross Revenue:$370,000
FF&E:$100,000
Established Year:2014
Cash Flow:$100,000
Inventory:$10,000
Real Estate:$575,000
Listing ID: 2298324Listing provided by BizBuySell
BUSINESS DESCRIPTION

Multiple streams of income with Restaurant/Bar/Video gaming(lottery)

Reduced $100,000.
This elegant American restaurant has been a community favorite for over 10 years. Known for its authentic cuisine and inviting ambiance, it’s situated in a busy main street, attracting both locals and tourists. The restaurant boasts a dedicated customer base, highly rated service, and excellent online reviews.

it has multiple streams of income with Full service restaurant with full size bar and Video gaming machines (WV lottery).

Reason for Sale:
Absentee owner as the owner lives in Virginia (4 hrs commute) not able to commute regularly.

Growth Potential:
Lot of Opportunities include expanding catering services, extending hours (currently it's open from 11am to 9pm) to include breakfast, Party room, there is no dance party room in the town, this can stay open until 1am.

Included in Sale:
The Business and property (5000+ sqft building) including storage barn, all kitchen equipment, bar fixtures, furniture, and exclusive recipes. Owner is willing to provide training and a transition period.

DETAILED INFORMATION
Location
Moorefield, WV
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,000
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale includes Real estate (property is sitting on .6 acre and it is on Main street, it has new storage barn and comes with kitchen equipment, furniture, fixtures and equipment that will remain with the business, such as tables and chairs, decor elements of a restaurant, pots and pans, dishes.
Competition
There is lot of potential for growth, this is the largest restaurant in the town with two separate dining rooms, back dining room can be private party room and front dining room can be open for dance floor, there is lot of potential to growth for the right owner.
Growth & Expansion
Lot of Growth Potential by adding live music events, partnering with local breweries for special nights, or offering catering services for nearby offices and events.
Financing
Asking Price can be negotiable for Interested and qualified buyers.
Reason for Selling
Owner lives in Virginia and can't move due to kids education and 4 hrs commute
Home-Based
This business is Home-Based
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