Restaurant and Bar for Sale in Hampton Roads

Asking Price$359,900

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,110,468

Inventory$2,500
Included in asking price
FF&E$81,000
Included in asking price
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Restaurant and Bar for Sale in Hampton Roads


Asking Price$359,900

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,110,468

Inventory$2,500
Included in asking price
FF&E$81,000
Included in asking price
Business Description
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.
About the Business
Years in Operation
8
Employees
25 (2 Full-time, 23 Part-time)
Facilities & Assets
The business is a self-serve taproom with 44 taps using the PourMyBeer system, offering a comfortable space perfect for friends and families to hang out. It highlights mostly local beers, with about 75% coming from Virginia Beach. The location includes indoor and outdoor seating for around 100 guests, a well-equipped kitchen, walk-in cooler, TVs, sound system, security cameras, and current inventory needed to operate smoothly.
Market Outlook / Competition
Markets served include Suffolk, Western Branch parts of Portsmouth. Competition for this place are other restaurants and breweries in the area.
Opportunities for Growth
The business has strong potential for growth by expanding into catering options, enclosing the patio to
create a year-round space for private parties and events, and increasing visibility through targeted
advertising. Additional opportunities include hosting live music, themed nights, and community events to
attract new customers and encourage repeat visits, further strengthening the place as a local destination.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,430
Rent
$10,012.00 per month
Lease Expiration
2/3/2030
About the Sale
Seller Motivation
Other business and personal interest.
Transition Support
2 weeks
Financing Options
TBD
Listing Info
ID
2446686
Listing Views

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Business Listed by: Tim Johnson First Choice Business Brokers of Hampton Roads

Listing ID: 2446686 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.


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