Food & BeverageFounded in 1982, the business is a recognized name in the local food & beverage market. A professionally built website generates steady inbound inquiries with no ongoing ad spend. Vendor and supplier relationships are long-standing, with favorable terms that a new owner will step into. Under the same ownership since 1982, the company has weathered multiple economic cycles while maintaining profitability. Staffing is stable, with low turnover relative to the industry and a working culture that has kept key people in place. Barriers to entry at this scale are meaningful, and the company's tenure gives it a durable advantage over newer entrants. The owner has stepped back from daily operations in recent years, and the business now runs semi-absentee. The business enjoys attractive margins relative to industry averages thanks to disciplined pricing and low overhead. Bookkeeping is clean and professionally maintained, with financials ready for buyer review. The business maintains an excellent reputation, reflected in its ratings across the major review platforms. The Norfolk market continues to grow, and demand for food & beverage services has remained resilient through economic cycles. The business generates dependable cash flow with margins at or above industry benchmarks. Customer retention is high, and the phone continues to ring on the strength of the company's name alone. An excellent opportunity for a first-time buyer or an existing operator seeking a proven platform.
Seller will carry 50% at 7% interest, 5-year note, for a well-qualified buyer.
Partners are divesting to focus on other holdings.
Seller offers 6 weeks of hands-on training, with phone support for 6 months after closing.
Competition exists from regional operators, but the company's reputation and tenure provide a durable advantage.
A new owner could grow by adding outside sales, pursuing commercial contracts, and increasing marketing spend.
Modeling Established Food & Beverage Business Netting $136K · $392K
Asking price is $392K. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerNorfolk, VA · Source: AI estimate (Claude) · general knowledge.
AI-estimated comparable ranges from general market knowledge · as of 2026-08-04 · AI estimate (Claude) · general market knowledge. Reference only, not verified market data or a valuation.
Rough AI estimates for comparable independent food and beverage operations of similar size in the Norfolk area, not verified market data or an appraisal; actual figures vary widely with concept, lease terms, and owner involvement.
The documents below open to qualified buyers in the secure data room after a signed NDA.