Listing Number: 9525-607647
Description
High end dining restaurant, located in a historic property, is being sold to allow the business owner to retire. The property and business are being sold in combination, with proceeds of the property sale covering the business transaction. The property was built in 1889 and enjoys a storied past. Converted to a restaurant location in 1976, the property has been well maintained, hosting the seller since 1996. For an experienced owner/operator, this is an excellent opportunity to operate a higher end establishment.
Listing Details
- Price: $ 3,000,000
- Down Payment: $75,000
- Sellers Discretionary Earnings: $ 146,930
- Total Sales: $ 3,385,189
- Location: Virginia
- Inventory: $ 20,000
- FF&E: $ 498,411
- Employees:
- Year Established: 1996
- Reason for Selling: Retirement
- Category: Restaurants
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