Issue link: http://deals.uberflip.com/i/1532786
Virginia's Premier American Restaurant #63150 BUSINESS HIGHLIGHTS With a legacy spanning over 40 years, this iconic American restaurant and bar is a beloved ins tu on in Virginia. Known for its signature calzones, wings, pizza, and salads, the establishment also features 80 bar taps, offering a diverse selec on of fresh dra beer from local, regional, and na onal breweries. This renowned venue has become the go-to spot for high school and college reunions, victory celebra ons, spor ng events, family gatherings, and casual get-togethers. The restaurant employs over 100 staff members, with 15 dedicated employees having been part of the team for 10 years or more, reflec ng the strong sense of community and loyalty within the restaurant family. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 - 2022 DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to the accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and/or its affiliate network members are agents for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. INVESTMENT APPEAL Superior Name and Reputa on: In business since 1980, the Company has a well-established name, great reputa on, and a high rate of repeat business. The Company is part of the fabric of the local community and very suppor ve of community dona ons. Diversified Customer Base: No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. Facili es: During its 40+ year history, the Company has expanded its presence in the community, from a 10- stool pub to a sprawling 330-seat restaurant with an 80 tap bar and enchan ng pa o. Awards and Recogni on: The Company, has won numerous awards and recogni on for its excep onal cuisine. It has been featured on The Today Show and in The Na onal magazine, highligh ng its dedica on to culinary excellence. Stable Gross Profit: The Company's gross profit has remained stable at an average of 69.7%. Maintaining stable gross profit margins shows the Company has sufficient controls on direct input costs, which will allow the Company to scale with con nued foreseeable profit. Genera onal Equity 11175 Cicero Dr Suite 100 Alphare a, GA 30022 SIGN NDA ► FACILITY DETAILS Leased from Related Party 12,000 Square Feet 330-seats (dining, bar, pa o) REVENUE / EBITDA $5.2M $910K 2024 REVENUE (PROJ) 2024 EBITDA (PROJ) Emil Nirkis Vice President, M&A Email: enirkis@genera onal.com Cell: 678-915-9561 This Offering is Pre- Qualified for SBA Financing. Click here to learn more HISTORICAL AND PRO FORMA FINANCIALS EXPERIENCED STAFF Full Time: 33 Part-Time: 78 EBITDA MARGINS 2021: 13.0% 2022: 15.7% 2023: 17.3% $5.0M $858K 2023 REVENUE 2023 EBITDA