Nathan Hughes

Sperity Real Estate Ventures

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sperityventures.com


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215 E Grace Street, Suite 100
Richmond, Virginia 23219 (View Map)

About the Company

Sperity is a coined term, a combination of Inspire, Prosperity, and Integrity. We strive to bring all of those aspects to every interaction that we have, whether it is with a client, a customer, a competitor, or with anyone else.

We are a commercial real estate and business brokerage firm that works under a different model than anything else we’ve seen in the field. With the emphasis on treating our employees as a team, we incentivize excellent customer service and making sure that the whole company is working on every deal that we take on.

We have worked especially well with restaurants, churches, and real estate developers. Each member of our team comes with an extensive background in one or more of these specialized fields. Before taking on projects outside of these specializations, we analyze each one on a case by case basis to be sure that we will provide superior results.

Broker Biography

Introduction

Nathan Hughes has been a full-time business broker and commercial REALTOR® since 2005. With an emphasis on teamwork and customer service, Sperity Real Estate Ventures was founded in September 2015. Combining the decades of full-service real estate and business brokerage experience with his own business and restaurant experience, Nathan has carved a niche for himself in the Richmond restaurant market.

Nathan earned his CBI (Certified Business Intermediary) designation from the International Business Brokers Association in 2014. The CBI designation is only awarded to members that have met stringent educational and experience requirements, and that hold themselves to high ethical standards. Continuing education and constant improvement is a hallmark of a CBI.

After several years of classes and preparation, Nathan earned his CCIM designation from the CCIM Institute in 2018. The CCIM designation denotes that the wearer has completed advanced coursework in financial and market analysis, and demonstrated extensive experience in the commercial real estate industry. CCIM designees are recognized as leading experts in commercial investment real estate.

Giving back to the industry and being involved in the community is important to Nathan. He currently serves on the Board of the Economic Development Authority for the City of Richmond, and in mid-2017 wrapped up a term on Commission of Architectural Review for the City of Richmond. Nathan has been and continues to be very involved with the REALTOR® associations, currently serving as a Director on the Board for the Virginia Realtors and as a Director on the Board for the National Association of Realtors, as well as serving on a variety of committees on the local, state, and national levels. For several years, Nathan was involved with Special Olympics of Virginia, and helped each year with the planning of their fundraising event, Over the Edge.

Specialties: Retail businesses and restaurants, property management (residential & commercial)

Services Provided

Business Brokerage (Buying & Selling), including franchise sales and resales
Commercial Leasing Representation (Tenant and Landlord sides)
Property Management, Residential & Commercial
Commercial and Investment Real Estate Sales
Broker Opinion of Value

Areas Served

  • Charlottesville city County, VA
  • Chesterfield County, VA
  • Colonial Heights city County, VA
  • Fredericksburg city County, VA
  • Goochland County, VA
  • Hanover County, VA
  • Henrico County, VA
  • New Kent County, VA
  • Richmond city County, VA
  • Williamsburg city County, VA
  • Professional Affiliations

    CCIM, CBI

    Business For Sale Listings

    $210,000
    Richmond, VA 
    Profitable Full-Service Restaurant - $875K+ Sales - 66 Seats Full-service operation in grocery-anchored center - equipment conveys, name does

    Established full-service restaurant generating $875,000-$900,000 in annual sales. Located in top-performing shopping center in affluent Richmond suburb with strong demographics and consistent traffic. Turn-key operation with strong reputation for authentic cuisine and exceptional customer service. Business includes 66 total seats (50 interior, 16 patio) in 2,400 SF space. Name does not convey.Full-service model with dine-in, takeout, and delivery revenue streams. Strong repeat customer base from surrounding affluent neighborhoods. Established systems, trained staff, and loyal following in place. 

    $160,000
    Henrico, VA 
    Turn-Key Restaurant Space - 132 Seats - Modern Buildout $160K for modern buildout on West Broad - 3,364 SF, 132 seats, full kitchen infr

    BUSINESS OVERVIEW:Established restaurant on high-traffic West Broad Street corridor. Modern buildout (2018) with substantial seating capacity and patio. Turn-key operation ready for new ownership or concept conversion.FINANCIAL SNAPSHOT:Asking Price: $160,000Location: West Broad Street corridor (Henrico)Square Footage: 3,364 SFBuildout: 2018 (modern infrastructure)Seating: 88 interior + 6 bar + 38 patio = 132 total seatsCOMPETITIVE ADVANTAGES:Modern Buildout: 2018 construction means current infrastructure, equipment, and systems. Minimal deferred maintenance.Seating Capacity: 132 total seats provides volume capability. Interior, bar, and patio options accommodate different guest 

    $215,000
    Richmond, VA 
    Established Neighborhood Sports Bar Breaking $1M Sales Established neighborhood destination with substantial patio, loyal customer base

    BUSINESS OVERVIEW:Established sports bar in high-growth Southside Richmond neighborhood. Proven business model with nearly decade of successful operation, including smooth ownership transition in 2023. Current ownership driving strong growth with business on track to break $1 million in 2025 sales.FINANCIAL SNAPSHOT:Annual Sales: Approaching $1M in 2025Established: 2016 (9 years operating history)Current Ownership: 2 years, continuing growth trajectoryRevenue Model: Three distinct dayparts create stability and consistent cash flowREVENUE DRIVERS:Lunch Business: Office workers from surrounding area provide weekday volumeHappy Hour: After-work professionals, daily specials drive 3-7pm 

    $225,000
    Williamsburg, VA 
    Established Restaurant w/ Event Capabilities in High Traffic Location Center Street Grill in Williamsburg

    Center Street Grill offers a rare opportunity to acquire a well-established, full-service restaurant in the heart of Williamsburg’s vibrant New Town district. Known for its welcoming ambiance and broad customer appeal, this restaurant enjoys strong local support and consistent traffic from nearby residents, professionals, and tourists alike.Highlights:- High-Traffic Location: Surrounded by a thriving mix of retail, office, and residential developments, ensuring steady foot traffic and visibility.- Versatile Layout: Includes multiple private dining rooms, ideal for events, group reservations, or expanding catering services.- Turnkey Operation: Fully equipped kitchen and dining areas, 

    $120,000
    Richmond, VA 
    View Details 
    Fan Restaurant & Bar - High-Traffic Corner Location

    **BUSINESS OVERVIEW:**Established elevated American restaurant and cocktail bar in prime Fan District location. Corner building with exceptional visibility on high-traffic corridor. Turn-key operation with full infrastructure in place, ready for immediate transition.**FINANCIAL SNAPSHOT:**- **Location Type:** High-visibility corner building on major thoroughfare- **Building History:** Decades of successful restaurant/bar operations at this location- **Revenue Model:** Dinner service, weekend brunch, late-night bar business**REVENUE DRIVERS:****Dinner Service:** Elevated American fare and creative cocktails draws dining crowd **Brunch:** Weekend brunch service captures neighborhood demand **Late-Night:** Full bar open until 2am on weekends captures after-hours traffic **Happy Hour:** Daily specials drive consistent early evening businessMultiple dayparts create revenue diversification across the week.**COMPETITIVE 

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