Established Oceanfront Restaurant with Growth Potential

Overview: This well-known, turnkey restaurant has thrived for over 50 years in a prime coastal setting, featuring a spacious 3,900 sq. ft. venue with a legal capacity of 138. The establishment employs 22 skilled staff members while the owner works part-time. It includes an active ABC license and a sophisticated POS system, plus convenient customer parking. Located near significant civic projects, this business is lender pre-approved with a $100,000 down payment required for financing. Description: This historic restaurant has become a beloved local fixture and a popular tourist destination, renowned for its country-style breakfast menu featuring a variety of pancakes, home fries, and a breakfast buffet that attracts eager patrons daily. The all-day breakfast and diverse lunch offerings have cultivated a loyal customer base, making it a top dining experience in Virginia Beach. Operationally, the restaurant runs nine months a year, allowing for a balanced work-life schedule. There is substantial potential for growth by extending hours or operating year-round. The owner is dedicated to ensuring a smooth transition for the new owner, providing training and support. Property Features: The facility is well-maintained, with ample parking and the landlord willing to negotiate a favorable lease. Assets valued at $40,847 are included. Reason for Selling: Personal reasons. Additional Information: The property is leased, and the owner is ready to assist the new owner.