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Business for Sale

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Richmond, Virginia, US

Asking Price$489,000
Annual Revenue$1,068,888
SDE$128,131

Financial Highlights

Asking
$489,000
Revenue
$1,068,888
SDE
$128,131

Business Description

Turnkey, Award-Winning Restaurant for Sale in Virginia Looking for an award winning, turnkey restaurant with a long standing history and the best food and drinks south of Richmond? The opportunity of a lifetime has arrived that you won't want to miss! This semi-absentee owned restaurant has been a local favorite for over a decade. With a robust social media presence and countless outstanding Google reviews, it continues to maintain a positive reputation. With an established and loyal customer base and staff, this beloved restaurant has seen steady growth over the years. The current owner has done a fantastic job cultivating a warm, inviting atmosphere that attracts a stream of both new patrons and loyal regulars. The sale includes all furniture, equipment, and appliances, and the owner is committed to ensuring a smooth transition. This is a fantastic opportunity to take over a thriving business with a stellar reputation and abundant potential for growth. Whether you're an experienced restaurateur or a budding entrepreneur, this beloved restaurant is poised for its next chapter!

Business Details

Location
Richmond, Virginia, US

Growth & Value Simulator

Why this is here: If you buy this business and grow revenue while expenses stay flat, that extra revenue usually drops to the bottom line. A modest growth rate can translate into a much higher exit value because buyers price businesses on earnings × a multiple.
Assumes expenses stay flat.
Minimum 2.5× is common on main-street deals.
Base Revenue
$1,068,888
Base SDE (today)
$128,131
Implied Value (today)
$320,328 @ 2.50×
Year 3 Revenue
$1,237,371
Year 3 SDE (flat expenses)
$296,614
Year 3 Implied Value
$741,536 @ 2.50×
Added value after 3 years (vs. today)
$421,209
Assumes revenue grows by 5.0% per year, expenses stay the same, and the valuation multiple stays constant at 2.50×. This is a quick, directional gut-check — not a forecast. Real-world costs and multiples can change.