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Investment Highlights

  • Prime High-Traffic Location: Situated in a highly desirable retail corridor with a deeply loyal local customer base.

Executive Summary

Well-established, highly profitable Mediterranean restaurant generating $700K+ in annual gross sales with strong, consistent cash flow. This is a turnkey operation situated in a prime, high-traffic location with a deeply loyal local customer base. The favorable lease is secured through 2030 at $3,900/month.
Multiple flexible purchasing options are available to fit your investment goals:
Purchase the established brick-and-mortar Restaurant Business alone for $300,000.
Acquire the complete mobile expansion assets, including a brand-new, fully branded food trailer and dedicated Ford tow vehicle, for an additional $150,000.
Purchase the entire comprehensive package (Restaurant + Trailer + Tow Vehicle) for $450,000.
This is an incredible turnkey opportunity perfectly suited for an owner-operator or an investor looking to immediately capitalize on established dine-in, catering, and lucrative mobile/festival revenue streams. Complete financial records (POS data and tax returns) and an equipment inventory list are available upon request with a signed NDA. Seller is relocating. Please do not disturb employees or discuss the sale on-site. All showings are strictly by appointment only. Serious, qualified buyers only.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $991,011 $660.67
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $991,011
Annual Per SF $660.67
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,500 SF
Year Built
2002
Price
$637,078 CAD
Price Per SF
$424.72 CAD
Cap Rate
24.44%
NOI
$155,730 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
7.37 AC
Zoning
B3 - Highway Business
Frontage
469’ on Sam's Drive

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Edible Arrangements began in 1999 when Tariq Farid opened the first store in Connecticut, launching a concept built around fresh fruit arrangements presented like floral gifts. The business operates as a franchised gifting brand with products that include fruit bouquets, chocolate-dipped fruit, baked treats, flowers, balloons, and curated gift delivery options. Over time, the company expanded beyond its signature arrangements into a broader edible gift platform and now serves customers across North America through retail locations, delivery, and pickup channels.

  • Services
  • -
  • -
  • -

Great Clips began in 1982 when David Rubenzer and Steve Lemmon established the business around a no-appointment haircut model that made salon visits simpler and more convenient. The company has since grown into a 100 percent franchised hair salon brand with a broad network across the United States and Canada, serving men, women, and children through independently owned salons. Great Clips also supports franchisees with operating systems and customer tools such as online check-in, while its business focus remains centered on haircuts, basic haircare services, and a franchise-led retail model.

  • Hae Jeoun Llc
  • Services
  • -
  • -
  • -
  • Services
  • -
  • -
  • -

Painting with a Twist began in 2007 when Cathy Deano and Renee Maloney created a community space in New Orleans post-Hurricane Katrina. The concept quickly became a franchise model, expanding nationwide. The company provides guided painting events where guests can enjoy beverages while creating art. Services include public classes, private parties, and special events. Painting with a Twist also supports charitable causes through fundraising events and has become a popular social activity with a presence in numerous locations.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Services - - -
Hae Jeoun Llc Services - - -
Services - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Mission BBQ
Wild Wing Cafe
Waffle House
First Watch
Carrabba's Italian Grill
Five Guys
Woodforest National Bank
Starbucks
Applebee's
Texas Roadhouse

Property Taxes

Property Taxes

Parcel Number
0270000000817
Land Assessment
$4,884,835 CAD
Improvements Assessment
$17,392,809 CAD
Total Assessment
$22,277,644 CAD
  • Listing ID: 40942364

  • Date on Market: 2026-06-16

  • Last Updated:

  • Address: 1437 Sams Dr, Chesapeake, VA 23320

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