S.L. Nusbaum Realty Co. Business Brokerage Services

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Chic's Beach Restaurant-Bar (1.5 Million Sales & Absentee Owner)

Contact Broker about this Listing

This well established Chic's Beach Restaurant-Bar has it all; strong revenues and profits, absentee ownership, limited hours of operation and a beautfully appointed facility in a fantastic location. The totally turnkey restaurant is widely known and has a loyal customer base and following throughtout Hampton Roads.

Listing ID #:1003
Broker:Ross A. Weinstein, J.D.
City:Virginia Beach
State:VA
Asking Price:$295,000.00
Revenue:$1,500,000.00
Cash Flow:$100,000.00
Business Type:Restaurant-Bar
Year Established:2006
Year Acquired:2006
Employees:10 FT & 12 PT
Building:

Specific details about the property will be provided once a confidentiality form is in place.

Reason for sale:Owner focused on other business opportunities
Down Payment:Negotiable
FF&E:$75,000.00
Inventory:$11,000.00

Contact Broker

Ross A. Weinstein, J.D.
Director of Business Brokerage Services
S.L. Nusbaum Realty Co. 440 Monticello Ave, 1700 Wells Fargo Center
Norfolk, Virginia 23510
757-640-2234 - Office
1-757-257-9173 - Fax
rweinstein@slnusbaum.com

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