BUSINESS FOR SALE, NOT A REAL ESTATE TRANSACTION
Established full-service restaurant generating $875,000-$900,000 in annual sales. Located in top-performing shopping center in affluent Richmond suburb with strong demographics and consistent traffic. Turn-key operation with strong reputation for authentic cuisine and exceptional customer service. Asking $210,000. Name does not convey.
2,400 SF space with 50 interior seats and 16 patio seats. 18-foot hood provides capacity for high-volume cooking operations. Full-service kitchen setup ready for continued use or concept conversion. Patio seating creates unique outdoor dining advantage – only patio on the strip. Currently operates without bar. Equipment and fixtures convey with sale.
Grocery-anchored center with strong co-tenancy. Demographics within 3-mile radius show $135,950 average household income, 57.2% college-educated, and 80,000+ population. Surrounding neighborhoods are among the most affluent in the Richmond metro area.
Growth opportunities include adding alcohol program, expanding hours, scaling catering, and increasing delivery marketing. Strong foundation with nearly $900K in sales – right operator could push past $1M with bar program. Affluent customer base supports higher check averages.
Contact Nathan Hughes, CBI for confidential details and financials.
| Price: | $210,000 |
| City: | Richmond |
| State: | VA |
| Square Feet: | 2400 |