Historic Oceanfront Restaurant - Business for Sale
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Oceanfront Country-Style Restaurant in Virginia Beach, VA
VA, US
Added 10 days ago
Historic Oceanfront Restaurant
57 years in business
Absentee / Semi-Absentee
A historic restaurant in Virginia Beach County, VA, operating for over 50 years, serving country-style breakfast and lunch in a 3,900 sq. ft. oceanfront facility with seating for over 100 patrons and an active ABC license.
Key Information
Asking
$585K
Revenue
$811K
Earnings
$301K
Multiple
1.9x
Key Highlights
- Business has been established for 57 years
- Facility size is 3,900 sq. ft. with legal capacity of 138 patrons
- Business operates 9 months per year (March through November)
- 22-23 employees; owner operates on a part-time basis
- Active ABC license is included in the sale
Contact Info
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