This turnkey, fast casual restaurant opportunity is available for acquisition in an affluent, high traffic suburban Richmond submarket. Currently operating as a well known national franchise concept specializing in grilled cheesesteaks, wings, and related menu items, the business is being offered as an asset sale, giving a buyer flexibility to either continue operating under the existing franchise brand, subject to franchisor approval, or transition the location to an independent concept or different brand entirely.
The sale includes all restaurant equipment, fixtures, and furnishings currently in place, allowing a new owner to step in without the cost or downtime of a full buildout. The existing, trained staff are in place and expected to remain through the transition, providing operational continuity from day one. The location benefits from a favorable lease with room remaining on the term as well as renewal options, and the buyer will have the opportunity to assume this lease directly, securing a well positioned space inside a busy corporate office center with an established outdoor patio and steady surrounding demand from both the office workforce and area residents.
The current ownership is selling for personal reasons unrelated to the performance or potential of the business, and is not able to remain hands on due to relocation out of state. This presents a rare opportunity for a hands on buyer to acquire a fully equipped, staffed, and operational restaurant in a strong location, with the flexibility to keep, modify, or rebrand the concept going forward.
Listing Number:
Category:
Location:
SOLD
Financial Information:
Gross Revenue:
Listed Price:
Total Adjusted Net Income:
Equipment / Fixtures:
Year Established:
General Location:
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.
Turnkey Fast Casual Cheesesteak Restaurant for Sale
Location: Richmond
This turnkey, fast casual restaurant opportunity is available for acquisition in an affluent, high traffic suburban Richmond submarket. Currently operating as a well known national franchise concept specializing in grilled cheesesteaks, wings, and related menu items, the business is being offered as an asset sale, giving a buyer flexibility to either continue operating under the existing franchise brand, subject to franchisor approval, or transition the location to an independent concept or different brand entirely.
The sale includes all restaurant equipment, fixtures, and furnishings currently in place, allowing a new owner to step in without the cost or downtime of a full buildout. The existing, trained staff are in place and expected to remain through the transition, providing operational continuity from day one. The location benefits from a favorable lease with room remaining on the term as well as renewal options, and the buyer will have the opportunity to assume this lease directly, securing a well positioned space inside a busy corporate office center with an established outdoor patio and steady surrounding demand from both the office workforce and area residents.
The current ownership is selling for personal reasons unrelated to the performance or potential of the business, and is not able to remain hands on due to relocation out of state. This presents a rare opportunity for a hands on buyer to acquire a fully equipped, staffed, and operational restaurant in a strong location, with the flexibility to keep, modify, or rebrand the concept going forward.
Listing Number:
Category:
Location:
Richmond
Ciro 'Vic' Coppola
Office: (702) 368-2500 | Cell: (725) 233-3333
License #: BS.0146004
Financial Information:
Gross Revenue
$0
Listed Price:
$180,000
Lease Information:
Square Feet:
2338
Total Rent:
$7,443
Lease Expiration:
04/2030
Lease Options:
3 Option, 5 Years
Asset Information:
Leasehold Improvements:
$375,000
Equipment / Fixtures:
$200,000
Additional Information:
Full-Time Employees:
6
Part-Time Employees:
2
Training Period:
N/A
Reason for Selling:
Current ownership is selling for personal reasons and is not involved in day to day operations
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.
