Investment Highlights
- Red Lobster is the largest seafood restaurant concept in the world, generates $2.6 billion in revenue, is the 5th largest casual dining concept in North America with ±700 locations in the US and Canada, and employees ±58,000 people.
- Excellent access to population density − 255K residents within 5-miles, and 1-mile Avg HH Income of $94K.
- Booming Greater Market − Most populous city in Virginia.
- Twenty internationally-based firms have their US or North American headquarters in Virginia Beach. Virginia Beach is also home to nine major military installations, including the world’s largest Naval Base and home of the Atlantic Fleet with more than 86,000 active-duty military personnel.