Restaurants & Food
Popular American Restaurant with Self-Serve Wine Station
Virginia
$425,000
Asking Price
$117,993
Cash Flow
$1,620,678
Gross Revenue
$14,000
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
Established for over 15 years, this highly-rated upscale casual restaurant in a bustling Virginia Beach shopping center is a favorite spot for locals and tourists alike. Boasting a 4.6-star rating from over 1,700 Google reviews, the restaurant offers American cuisine, a self-serve wine station, and a charming patio. With annual revenues exceeding $1.5 million, this turnkey business with seating for 100+ guests is ready for a new owner to step in seamlessly.
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