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Business for Sale Summary

The One and Only Place To Wine and Dine - 24430

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes
The One and Only Place To Wine and Dine
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This business has received 22 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $150,000
Gross Revenues $198,775 Lease Remaining Register Free to View
Owner’s Cash Flow $85,000 Number of FT Employees Register Free to View


$150,000 Down and $249,000 balance payable at 7% for 48 months

Business Description

***SELLER FINANCING***This listing is a wonderful and unique Southern Country Cooking restaurant and established specialty food store that provides the Buyer with a tremendous opportunity to own and operate the number one restaurant in the area. This restaurant has an excellent reputation for quality and customer satisfaction and it is central to many civic functions throughout the year. Building is a historic structure with preserved pressed metal ceilings and custom woodwork throughout. This spacious 6,000 sq ft facility will accommodate private parties, business functions and catering. The business currently sells specialty foods and gifts such as canned veggies, chocolates and salsas. Owner has recently obtained a beer and wine license that has positively impacted sales. Current owners hold live music events and other entertainment in the facility and new owner can increase this activity to increase sales. A well known location throughout the area and State, this business is mentioned in over 900 publications, and local radio and television personalities support and are regular customers of the restaurant. This business is perfect for a restaurant operator looking for a business to be family run. Restaurant also contains a studio apartment for owner's utilization, making management and relocation an especially easy process. Current owners recently spent $40k on interior renovations. Restaurant has unique one of a kind intrinsic value and little competition. Contact broker for more details and make an offer at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.