Absentee-Friendly Restaurant Opportunity in Richmond, VA
Richmond

This is an excellent opportunity to acquire a well-established restaurant serving delicious burgers and refreshing craft cocktails, operating successfully with minimal owner involvement in the heart of Richmond, Virginia.

 

This restaurant is currently structured with management and staff in place, making it ideal for an absentee or semi-absentee owner seeking consistent cash flow from a proven restaurant concept.

 

With strong online reviews, the restaurant is located in a high-visibility, high-traffic area in Richmond and is known for its mouthwatering burgers, craft cocktails, cozy atmosphere, and strong community presence.

 

The menu is well-established, operationally efficient, and designed to deliver solid margins while maintaining consistent quality.

 

Day-to-day operations are handled by trained staff, with systems and procedures already in place to support continuity and scalability.

 

Whether you're an experienced restaurateur or a budding entrepreneur, this beloved restaurant is poised for its next chapter!

Listing Number:

25117

Category:

Food - Restaurant

Location:

Richmond
$198,000

Financial Information:

Gross Revenue:

$473,571

Listed Price:

$198,000

Down Payment:

$0

Total Income:

$144,339

Year Established:

2020

Lease Information:

Square Feet:

1600

Total Rent:

$2,750

Lease Expiration:

12/2026

Lease Options:

1 Option / 2 Years

Asset Information:

Leasehold Improvements:

$60,000

Equipment / Fixtures:

$30,000

Inventory:

$5,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

2

Special Licence Required:

VA ABC License

Contract Staff:

0

Training Period:

4 Weeks

Reason for Selling:

Other Business Opportunities

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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Proctor Trivette
Office: | Cell: (804) 965-4460
License #:

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Absentee-Friendly Restaurant Opportunity in Richmond, VA
Richmond

Listing Number:

25117

Category:

Food - Restaurant

Location:

Richmond

Listed Price:

$198,000
brokerPhoto
Proctor Trivette
Office: | Cell: (804) 965-4460
License #:

This is an excellent opportunity to acquire a well-established restaurant serving delicious burgers and refreshing craft cocktails, operating successfully with minimal owner involvement in the heart of Richmond, Virginia.

 

This restaurant is currently structured with management and staff in place, making it ideal for an absentee or semi-absentee owner seeking consistent cash flow from a proven restaurant concept.

 

With strong online reviews, the restaurant is located in a high-visibility, high-traffic area in Richmond and is known for its mouthwatering burgers, craft cocktails, cozy atmosphere, and strong community presence.

 

The menu is well-established, operationally efficient, and designed to deliver solid margins while maintaining consistent quality.

 

Day-to-day operations are handled by trained staff, with systems and procedures already in place to support continuity and scalability.

 

Whether you're an experienced restaurateur or a budding entrepreneur, this beloved restaurant is poised for its next chapter!

Financial Information

Gross Revenue:

$473,571

Listed Price:

$198,000

Down Payment:

$0

Total Income:

$144,339

Year Established:

2020

Lease Information

Square Feet:

1600

Total Rent:

$2,750

Lease Expiration:

12/2026

Lease Options:

1 Option / 2 Years

Asset Information

Leasehold Improvements:

$60,000

Equipment / Fixtures:

$30,000

Inventory:

$5,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

2

Part-Time Employees:

2

Special License Required:

VA ABC License

Contract Staff:

0

Training Period:

4 Weeks

Reason for Selling:

Other Business Opportunities

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.