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Exceptional Sprts Bar/Family Restaurant

Location: Fredericksburg, Virginia  flag
Industry: Retailing Businesses, Restaurants

Outstanding opportunity - 50 cents on the dollar!
Asking Price
$ 599,000
Annual Revenue
$ 1,350,000
Annual Profit
Not Disclosed
FF & E
$ 200,000
Inventory
$ 20,000
Year Founded
2007
Number of Employees
10-50
Website
Reason For Selling
Owners cannot adequately supervise.
This business is not relocatable.
This business is not home based.

Description of Business

In business for 18 months, this business grossed $1.7 Million from Dec. 07 thru Dec.08. Part of a franchise, has suffered from lack of TLC due to being outside their service area. Owners have over $1.3 Million invested, and will sell for less tha n half of that! Needs hands-on owner/operator.

Property Information:

6000 sq. ft. building, like new set-up, clean, family oriented and in new shopping complex with great traffic. Seats over 230.

Competition and Growth Potential:

No immediate competition except a couple of "dives"

Financing Options:

Financing available with 50% to qualified buyer.

Support and Training:

Although it is an asset sale (the name and branded itenms do not convey), woners will assist with a reasonable transition.

Seller Details:

Mike Wood
540-372-4343

Johnson & Glazebrook, Inc.

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