Charming Main-Street Pizza Restaurant

Listing Number: 9525-689328

Description

Prominently located in the heart of a tourist-friendly community on the Chesapeake Bay, this beloved local restaurant offers an exceptional opportunity to own a thriving business with a stellar reputation. With an excellent rating on TripAdvisor, the restaurant delights locals and visitors alike with its diverse menu featuring hand-crafted pizzas, fresh seafood, and seasonal specials inspired by the unique flavors of the Chesapeake. The establishment is more than just a dining destination—it's a vibrant community hub where patrons gather to enjoy outstanding food, a full-service bar, and live music every weekend, creating an unmatched atmosphere of relaxation and entertainment.

Beyond its culinary offerings, this business includes a valuable asset: a residential apartment located upstairs. This space is currently subleased, providing the new owner with a steady stream of passive income to further enhance the financial appeal of the venture. Whether you're a seasoned restaurateur or an entrepreneur seeking a dynamic and rewarding business, this restaurant combines a prime location, loyal customer base, and multiple revenue streams to ensure its continued success. Don’t miss the chance to own this Chesapeake Bay gem—a cornerstone of the community where great food and unforgettable experiences are served daily.

Listing Details

• Price: $300,000
• Down Payment: $150,000
• Sellers Discretionary Earnings: $0
• Total Sales: $929,604
• Location: Mathews City, Virginia


• Inventory: $8,000
• FF&E: $2,000
• Employees:
• Reason for Selling: The owner had to restore the business after his partner embezzled from the business. After spending a long time to fix the business, He's decided the whole exercise has taken a large emotional toll on him and his family. They want to find an owner who can give a 30 year old restaurant the TLC it deserves. This restaurant is a well-known dining spot in the local community.
• Category: Restaurants