Richmond, VA Pizza Restaurant for Sale. $1.3M Sales. $313K Earnings
Richmond, Virginia
1Active Listings
$395KAvg Asking Price
5Sold
Richmond Restaurants for Sale
There are more than 3,000 restaurant and foodservice locations operating throughout the Richmond metropolitan area. These establishments employ more than 70,000 people across the region's foodservice and hospitality sector. Richmond-area restaurants are estimated to generate more than $4.5 billion annually in food and beverage sales. From neighborhood cafés and breweries to award-winning restaurants, food halls, and nationally recognized dining concepts, restaurants play a major role in the region's economy and culture.
Richmond restaurants for sale are something many buyers explore due to the region's growing population, strong economy, and nationally recognized food scene. As the economic and governmental center of Virginia, the Richmond metropolitan area benefits from major industries including finance, healthcare, government, logistics, education, manufacturing, and professional services. From Downtown Richmond and Shockoe Bottom to Scott's Addition, Carytown, The Fan, Short Pump, Midlothian, Glen Allen, Chesterfield, and surrounding communities, restaurants serve both local residents and visitors from across the Commonwealth.
It's no wonder those buying a business flock to Richmond restaurants for sale offered by Restaurant Brokers. Restaurants are an influential part of the Greater Richmond economy. The region's reputation for culinary innovation, craft beverages, historic charm, business growth, and a high quality of life creates opportunities for restaurant owners across a wide variety of concepts, cuisines, and service styles.
Resources for Buying Richmond Restaurants for Sale
Buying a Richmond Restaurant for Sale is a team sport and you may need all kinds of help. Our Certified Restaurant Broker© team has plenty of resources and aid for you. Here’s a starting point for the most common requests:
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Frequently Asked Questions
Frequently Asked Questions: Richmond Restaurants for Sale
What is the average price of a restaurant for sale in Richmond? Independent restaurants typically list between $50,000 and $500,000. Established restaurants, franchise locations, and high-volume concepts may sell for more than $1 million.
Can I buy a Richmond restaurant with an SBA loan? Yes. Many Richmond restaurant acquisitions qualify for SBA 7(a) financing. We Sell Restaurants can connect buyers with experienced restaurant lenders.
How long does it take to sell a restaurant in Richmond? Most sales close within 3 to 9 months. Clean financials, favorable lease terms, and qualified buyers help transactions move faster.
What is my Richmond restaurant worth? A Certified Restaurant Broker can provide an opinion of value that will include comparable pricing. He or she is a market specialist that can adjust for location, lease terms, equipment condition, sales trends, and profitability.
How do I sell my restaurant in Richmond? Start with a free valuation from a Certified Restaurant Broker. We handle confidential marketing, buyer qualification, negotiations, and transaction management.
What licenses do I need to take over a restaurant in Richmond? Generally a Virginia food establishment permit, Certified Food Protection Manager certification, Virginia sales tax registration, Certificate of Occupancy, and any applicable local permits. Additional licenses are required for alcohol sales.
Do I need a broker to buy or sell a restaurant in Richmond? Not legally, but a Certified Restaurant Broker helps maintain confidentiality, qualify buyers, manage due diligence, and guide the transaction from listing to closing.
