Award-Winning Turnkey Restaurant in Richmond, VA

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Financial Details

Asking Price:
$489,000
Annual Revenue:
$1,068,888
Cash Flow / SDE:
$128,131
Profit Metric:
Net Income
Valuation Multiple:
3.8x
Location:
Richmond, VA, US
Sources:
Date:
September 24, 2025

Key Highlights

Award-winning, turnkey restaurant with a decade-long history and strong local reputation.
Semi-absentee owned with a loyal customer base, established staff, and steady growth.
Includes all furniture, equipment, and appliances, with significant leasehold improvements and potential for further growth.

Description

This is a fantastic opportunity to acquire an award-winning, turnkey restaurant located in Richmond, Virginia. With a history spanning over a decade, this beloved local establishment has cultivated a warm and inviting atmosphere, attracting a loyal customer base and consistent growth. The business operates on a semi-absentee ownership model, supported by an established and dedicated staff. It boasts a strong social media presence and excellent online reviews, underscoring its positive reputation. The sale includes all furniture, equipment, and appliances, along with significant leasehold improvements such as a patio, upgraded kitchen, refurbished walk-in cooler, and HVAC system. This business is poised for its next chapter, offering abundant potential for an experienced restaurateur or an aspiring entrepreneur.

Industry Information

Industry Description:
Restaurant
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
2014
Employees:
22
Reason for Selling:
Moving to be closer to family

Real Estate & Lease

Status:
Leased
Monthly Rent:
$2,425 USD

Assets & Inventory

FF&E Value:
$60,000 USD
Includes FF&E:
Yes
Inventory Value:
$1,500 USD
Includes Inventory:
Yes

Broker Contact

Name:
Proctor Trivette
Company:
First Choice Business Brokers
Phone:
(804) 965-4460

Listing Details

Listing ID:
efae7da4-8ddf-4ba8-84b4-c63b738d130d
Source Listing ID:
23930
Deal Status:
For Sale
Last Updated:
September 24, 2025
Currency:
USD

Features & Tags

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