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Restaurants & Food · Bar/Liquor,Food - Restaurant

Relaxed Bar and Full Service Restaurant - Semi-Absentee

Virginia Beach, VA

Asking price
$295,000
Cash flow
$114,502
Revenue
$1,110,468
Multiple
2.6×

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About this business

Turnkey full-service restaurant and bar known for its great food, extensive beer selection on tap, and relaxed neighborhood atmosphere. Located in a rapidly growing area with a healthy mix of residential communities and local businesses, this establishment draws steady traffic and loyal repeat customers. The owners have other careers, so the business is fully operated by seasoned management and an experienced staff, making this a smooth transition for any buyer—whether hands-on or semi-absentee. A long-term lease provides stability, and the space offers a welcoming environment perfect for gatherings, casual dining, and after-work drinks. With strong fundamentals already in place, there is significant upside for a new owner to expand hours, enhance marketing, add events, or grow catering and takeout. Ideal turnkey opportunity for an operator or investor looking for a thriving restaurant with room to grow.

Details

Inventory$2,500
Furniture, fixtures & equipment$81,000
Established2017
Employees2
Reason for saleOther business and personal interest
LocationVirginia Beach, Virginia

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