Quick Service Restaurant Opportunity - Turnkey Buildout in High-Traffic Plaza
Chesapeake

Well-established quick service restaurant available in a busy, high-visibility shopping plaza with a strong anchor tenant and complementary neighboring restaurants. Located in a rapidly growing area with consistent foot traffic and excellent accessibility. The current concept is a Filipino restaurant operating primarily as a takeout-focused model, with seating for several tables and an added retail component. The space is highly versatile and can be easily converted to accommodate a wide range of restaurant concepts or cuisines. The buildout,  originally completed at a cost exceeding $120,000 over seven years ago, would require significantly more capital to replicate today, offering a tremendous value to a new owner. The kitchen is fully equipped with a hood system, grease trap, and additional storage trailer included in the sale. Ideal opportunity for an owner-operator or investor looking to step into a turnkey location with strong fundamentals and growth potential.

Listing Number:

25233

Category:

Food - Restaurant

Location:

Chesapeake
$250,000

Financial Information:

Gross Revenue:

$95,231

Listed Price:

$250,000

Down Payment:

$0

Total Income:

$0

Year Established:

2019

Lease Information:

Square Feet:

1200

Total Rent:

$2,299

Lease Expiration:

03/2027

Lease Options:

Flexible

Asset Information:

Leasehold Improvements:

$90,145

Equipment / Fixtures:

$20,031

Inventory:

$1,500

Other Assets:

N/A

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

No ABC license

Contract Staff:

0

Training Period:

2 Weeks

Reason for Selling:

Retirement

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Quick Service Restaurant Opportunity - Turnkey Buildout in High-Traffic Plaza
Chesapeake

Listing Number:

25233

Category:

Food - Restaurant

Location:

Chesapeake

Listed Price:

$250,000
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
Well-established quick service restaurant available in a busy, high-visibility shopping plaza with a strong anchor tenant and complementary neighboring restaurants. Located in a rapidly growing area with consistent foot traffic and excellent accessibility. The current concept is a Filipino restaurant operating primarily as a takeout-focused model, with seating for several tables and an added retail component. The space is highly versatile and can be easily converted to accommodate a wide range of restaurant concepts or cuisines. The buildout,  originally completed at a cost exceeding $120,000 over seven years ago, would require significantly more capital to replicate today, offering a tremendous value to a new owner. The kitchen is fully equipped with a hood system, grease trap, and additional storage trailer included in the sale. Ideal opportunity for an owner-operator or investor looking to step into a turnkey location with strong fundamentals and growth potential.

Financial Information

Gross Revenue:

$95,231

Listed Price:

$250,000

Down Payment:

$0

Total Income:

$0

Year Established:

2019

Lease Information

Square Feet:

1200

Total Rent:

$2,299

Lease Expiration:

03/2027

Lease Options:

Flexible

Asset Information

Leasehold Improvements:

$90,145

Equipment / Fixtures:

$20,031

Inventory:

$1,500

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

No ABC license

Contract Staff:

0

Training Period:

2 Weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.