Fan Restaurant & Bar - High-Traffic Corner Location
Business Description
RARE opportunity in the Historic Fan District
**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 business
Multiple dayparts create revenue diversification across the week.
**COMPETITIVE ADVANTAGES:**
**Corner Location:** Exceptional visibility at intersection on major Fan corridor. Heavy foot and vehicle traffic. Step-down entrance creates distinctive street presence.
**Turn-Key Operation:** Fully equipped kitchen, multiple beer and liquor taps, full bar setup. Ready for immediate operation.
**Established Building:** Location has hosted successful restaurants and bars for decades. Built-in neighborhood recognition and customer awareness.
**Late-Night License:** 2am closing on weekends provides competitive advantage in the market.
**OPERATIONS:**
- Full bar with craft cocktail program
- Kitchen equipped for elevated casual dining
- Toast POS and online ordering operational
- Validated parking available
- Established vendor relationships
- Weekend brunch and late-night service models in place
**GROWTH OPPORTUNITIES:**
- **Expanded Brunch:** Current weekend-only brunch could extend to weekdays
- **Private Events:** Intimate space suitable for buyouts and private parties
- **Catering:** Kitchen infrastructure supports off-premise catering
- **Owner-Operator Model:** Motivated seller creates opportunity for hands-on buyer to optimize operations
**LOCATION CONTEXT:**
The Fan is one of Richmond's most desirable neighborhoods - 85 blocks of historic Victorian homes, young professionals, and over 80 restaurants and bars. Dense residential population with strong walkability. Adjacent to VCU creates additional foot traffic. The Fan's reputation as a dining and nightlife destination drives consistent customer flow to established locations.
**IDEAL BUYER:**
- Experienced restaurant/bar operator
- Hospitality professional seeking established location
- Chef-operator wanting turn-key kitchen
- Entrepreneur with cocktail/bar background
- Owner-operator who can maximize hands-on presence
**WHY THIS WORKS:**
This location has supported successful food and beverage operations for decades - the building itself is a proven restaurant asset. Current ownership is motivated to sell, creating opportunity for the right buyer to acquire turn-key operation in premium location. Corner visibility and late-night license provide competitive advantages difficult to replicate.
**CONFIDENTIALITY:**
Confidential listing. Business name and specific location disclosed to qualified buyers after NDA execution. Complete financials available to serious inquiries.
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 business
Multiple dayparts create revenue diversification across the week.
**COMPETITIVE ADVANTAGES:**
**Corner Location:** Exceptional visibility at intersection on major Fan corridor. Heavy foot and vehicle traffic. Step-down entrance creates distinctive street presence.
**Turn-Key Operation:** Fully equipped kitchen, multiple beer and liquor taps, full bar setup. Ready for immediate operation.
**Established Building:** Location has hosted successful restaurants and bars for decades. Built-in neighborhood recognition and customer awareness.
**Late-Night License:** 2am closing on weekends provides competitive advantage in the market.
**OPERATIONS:**
- Full bar with craft cocktail program
- Kitchen equipped for elevated casual dining
- Toast POS and online ordering operational
- Validated parking available
- Established vendor relationships
- Weekend brunch and late-night service models in place
**GROWTH OPPORTUNITIES:**
- **Expanded Brunch:** Current weekend-only brunch could extend to weekdays
- **Private Events:** Intimate space suitable for buyouts and private parties
- **Catering:** Kitchen infrastructure supports off-premise catering
- **Owner-Operator Model:** Motivated seller creates opportunity for hands-on buyer to optimize operations
**LOCATION CONTEXT:**
The Fan is one of Richmond's most desirable neighborhoods - 85 blocks of historic Victorian homes, young professionals, and over 80 restaurants and bars. Dense residential population with strong walkability. Adjacent to VCU creates additional foot traffic. The Fan's reputation as a dining and nightlife destination drives consistent customer flow to established locations.
**IDEAL BUYER:**
- Experienced restaurant/bar operator
- Hospitality professional seeking established location
- Chef-operator wanting turn-key kitchen
- Entrepreneur with cocktail/bar background
- Owner-operator who can maximize hands-on presence
**WHY THIS WORKS:**
This location has supported successful food and beverage operations for decades - the building itself is a proven restaurant asset. Current ownership is motivated to sell, creating opportunity for the right buyer to acquire turn-key operation in premium location. Corner visibility and late-night license provide competitive advantages difficult to replicate.
**CONFIDENTIALITY:**
Confidential listing. Business name and specific location disclosed to qualified buyers after NDA execution. Complete financials available to serious inquiries.
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,000.00 per month
- Lease Expiration
- 3/31/2031
About the Sale
- Seller Motivation
- To focus on other, ongoing opportunities
Listing Info
- ID
- 2444251
- Listing Views
- 24
Listing ID: 2444251 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.












