With 2022 sales of $1.375M delivering $317,000 in owner's discretionary earnings, this popular, well-established Restaurant for Sale is situated in a highly-trafficked corridor of Virginia with over 19,000 vehicles passing each day! Open seven days a week, this is the area's go-to breakfast, brunch and lunch spot serving travelers, tourists and locals alike! 2023 first quarter net income is up 85% over last year - this business is poised to do $1.5M in sales and earn over $425K!
Located close to Virginia's Massanutten Resort, and nearby to Harrisonburg, host city to James Madison University, this moneymaker Restaurant for Sale is the closest you can get to owning two restaurants for the price of one! The bright, cheery dining area seats 78 customers and features a counter service reminiscent of yesteryear's roadside eateries. The spacious, professionally designed kitchen serves everything from breakfast items to soups, salads, sandwiches, and southern comfort foods. Restaurant full, or customers in a rush? A second kitchen and prep area serves an attached sister operation, which specializes in made-to-order breakfast and lunch sandwiches and other grab-and-go items. These complementary restaurants also offer fresh-brewed local coffees, beer on tap, signature mimosas, smoothies, and non-alcoholic and alcoholic slushies.
Mature staff, systems and processes are in place at this Restaurant for Sale - just add your management skills and personal touch! Expand operating hours to include a dinner service and increase your revenue. Continue to operate the annex restaurant and take-out business as-is, or dedicate it's kitchen for use as a bakery, catering service, or ghost kitchen. With a winning formula already in place, you can't go wrong with this We Sell Restaurants offering!
Rent is just $3810.04 per month including CAMS for this 3,052 square foot business - that's less than $15.00 per square foot! Also included is over 400 square feet of outside seating. There is ample parking with easy in-and-out access connecting to a major thoroughfare. High visibility and location, location, location drive traffic to your doors!
Owner will assist with training, orientation, and will consider partial financing. SBA and other financing may be available - We Sell Restaurants has many lending partners to assist you in your dream of restaurant ownership. Profitable, high-volume restaurants like this one don't come along every day. Call today to learn more!
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.Please click on the tab below to easily acknowledge confidentiality on this Restaurant for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Don Williams at (540) 425-4215
Lease Term: Expires June 30, 2025
Monthly Rent: $3011.08,798.96,
Indoor Seating: 78
Inside Sq. Ft: 2438,614,
Hood System: Yes
Neighboring Businesses: Massanutten Resort, various retail, residential
Hours Open: Mon - Fri 8:00 - 3:00 Sat - Sun 7:00 - 3:00
# of Part-Time Employees: 5
# of Full-Time Employees: 16
Net Sales: $668038.64
Owner Benefit: $194249.26