Turn-Key Restaurant for Sale in Damascus Virginia
Business Description
Offered with multiple purchase/ lease scenarios. This Established Restaurant and Ice Cream shop offers a great opportunity to own an income producing restaurant in the community of Damascus, Virginia. Restaurant building offers a bar/dining area, full commercial kitchen and 3 furnished, efficiency short term rental units to provide additional income throughout the year. The external Ice Cream shop/gift shop provides another revenue stream, and the shared outdoor deck and patio provide ample outdoor seating for local entertainment. Seller is asking $750,000 for all real estate and transfer of ownership of the restaurant and all FFE. Restaurant is also available for purchase with a lease of the real estate. Showings will only be conducted with an accepted Letter of Intent. Full Financial information will be provided during the Due Diligence period. Owner has agreed to stay on staff for 3 months to transition any new owner.
About the Business
- Years in Operation
- 6
- Facilities & Assets
- Business includes all FF&E, Two buildings housing the restaurant and ice cream shop with a full commercial kitchen as well as three furnished rental units with en-suite baths.
- Website
- https://www.wickedchickenwinghouse.com/
- Market Outlook / Competition
- Damascus, Virginia has established itself as a destination for outdoor lovers, having obtain the moniker, "Trail Town USA". Seven trail systems intersect in Damascus including the Virginia Creeper Trail, Appalachian Trail (AT), Iron Mountain Trail, Backcountry Discovery Routes, TransAmerica Bicycle Trail / Route 76, TransVirginia Bike Route, and The Crooked Road. Damascus lies just 15 minutes from Interstate 81 and offers growth opportunities for those with an entrepreneurial spirit.
- Opportunities for Growth
- The rental units have not been fully incorporated into the business operation and offer excellent potential for an additional revenue stream housing visitors to the Damascus area.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,370
About the Sale
- Transition Support
- Owner has agreed to stay on for up to 3 months to transition a new owner.
- Financing Options
- Business is for sale with RE or as business only with leased RE.
Listing Info
- ID
- 2347765
- Listing Views
- 1182
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2347765 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
