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Local Favorite Restaurant/Bar in Prime Location

Williamsburg, VA
listing image
Cash Flow:$90,000
Rent:$5,600/Month
Established Year:2016
Gross Revenue:$1,200,000
FF&E:$39,000
Listing ID: 2295481Listing provided by BizBuySell
BUSINESS DESCRIPTION

Williamsburg, VA Annual Gross Revenue: $1,000,000+

Turnkey local favorite is situated in a high traffic shopping plaza adjacent to an office park and is easily walkable from nearby apartments and residential neighborhoods. The 112 seat, 5,100 square foot space has enormous untapped potential as the current operation is breakfast and lunch only five days a week. Patio seating is not included in the square footage.

This opportunity is available at a GIVEAWAY PRICE. It includes assumption of lease, kitchen equipment and all dining room fixtures and furnishings and just needs your restaurant brand.
This location is part of a successful and profitable local operation with a 35 year track record. The owners are preparing for retirement.

DETAILED INFORMATION
Location
Williamsburg, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,100
Lease Expiration
01/06/2026
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All restaurant equipment currently operating in support of dining operation. Multiple sandwich stations, lowboy, reach-in, fryer, griddle, flattop, chefs base, multiple s/s work stations, deli display case, soup well, heat lamp, 3 comp sink . . .All dining fixtures and furnishings , china, glassware, silverware . .
Reason for Selling
Preparing for retirement
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Evelyn Kingseth
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Evelyn Kingseth
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