Turnkey Fast Casual Cheesesteak Restaurant - Business for Sale
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Fast Casual Cheesesteak Restaurant in Richmond, VA
Richmond, VA, US
Added 2 days ago
Fast Casual Restaurant
Absentee / Semi-Absentee
A fast casual cheesesteak restaurant operating as a national franchise is available for asset sale in a suburban Richmond, VA location, offering flexibility to continue as a franchise or convert to an independent concept.
Key Information
Asking
$180K
Revenue
–
Earnings
–
Multiple
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Key Highlights
- Business operates as a national franchise specializing in grilled cheesesteaks and wings.
- Sale is structured as an asset sale; buyer may continue with the franchise (subject to approval) or rebrand.
- Includes $200,000 in furniture, fixtures, and equipment (FF&E) and $15,000 in inventory.
- $375,000 has been invested in leasehold improvements.
- Leased location is 2,338 square feet with total monthly rent of $7,443; lease ends 04/2030 with three 5-year renewal options.
- Staff consists of 6 full-time and 2 part-time employees.
- Business is located in a high-traffic suburban Richmond, VA office center with an outdoor patio.
- Seller is not active in day-to-day operations and is selling due to relocation.
Contact Info
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