Turn-Key Southern Restaurant w/ Current Liquor License & Large Patio

Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$5,000
Included in asking price
FF&E$75,000
Included in asking price
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Turn-Key Southern Restaurant w/ Current Liquor License & Large Patio


Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$5,000
Included in asking price
FF&E$75,000
Included in asking price

Seller Financing Available
Business Description
Turn-Key Southern Restaurant w/ Liquor License & Patio – Prime Chesapeake Location
$200,000 | $640K+ Revenue | Fully Equipped | High-Traffic Retail Corridor
Exceptional opportunity to acquire a fully operational, turn-key Southern cuisine restaurant in the highly desirable Edinburgh section of Chesapeake.
Opened in July 2024, this 3,033 sq ft restaurant with an additional 1,500 sq ft outdoor patio has already generated over $640,000 in annual revenue and established itself as a strong local brand.
This is not a startup. This is a fully built, staffed, and operating restaurant ready for new ownership on day one.

Key Business Highlights
• ? Completely turn-key operation
• ? Continuance of operations (COOP)ABC liquor License
• ? All food & alcohol inventory included
• ? Fully equipped commercial kitchen
• ? Tables, chairs, fixtures, décor included
• ? Established vendor relationships
• ? Trained staff willing to remain
• ? Assumable lease with renewal options
• ? Located in high-traffic retail corridor
The spacious dining room and large patio create multiple revenue opportunities including brunch, private events, live entertainment, and seasonal outdoor dining — major revenue drivers in this market.

Facility Details
• 3,033 sq ft interior dining space
• 1,500 sq ft outdoor patio
• Attractive buildout with strong brand presence
• Fully compliant and operational
• Favorable lease in place
Replacement cost to build a comparable 4,500 sq ft restaurant with patio and liquor license would significantly exceed the asking price.

Ideal Buyer
This opportunity is perfect for:
• Owner-operators seeking immediate cash flow
• Chefs wanting a fully built-out kitchen
• Investors looking for a profitable hospitality asset with upside
• Restaurant groups expanding into the Chesapeake market

Reason for Sale
Ownership operates two additional restaurant concepts and is reallocating focus. This is a strategic business decision — not a distressed sale.

Asking Price: $200,000
Priced well below buildout and startup costs. Step into an established concept with revenue, infrastructure, and staff already in place.
Serious inquiries only. Additional financials available with NDA.
About the Business
Years in Operation
2
Employees
9 (1 Full-time, 8 Part-time)
Facilities & Assets
•Completely turn-key operation
• Continuance of operations (COOP)ABC liquor License
• All food & alcohol inventory included
• Fully equipped commercial kitchen
•Tables, chairs, fixtures, décor included
•Established vendor relationships
•Trained staff willing to remain
•Current lease with renewal options
•Located in high-traffic retail corridor
The spacious dining room and large patio create multiple revenue opportunities including private events, live entertainment, and outdoor dining.
Additional financials available with NDA.
Website
https://www.tmjedinburgh.com
Market Outlook / Competition
Exceptional opportunity to acquire a fully operational, turn-key Southern cuisine restaurant in the highly desirable Edinburgh section of Chesapeake.
Opportunities for Growth
• Attractive buildout with strong brand presence
• Fully compliant and operational
• Favorable lease in place
Replacement cost to build a comparable 4,500 sq ft restaurant with patio and liquor license would significantly exceed the asking price.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,033
About the Sale
Seller Motivation
Ownership operates two additional restaurant concepts and is reallocating focus.
Transition Support
This is not a startup. This is a fully built, staffed, and operating restaurant ready for new ownership on day one.

This opportunity is perfect for:
• Owner-operators seeking immediate cash flow
• Chefs wanting a fully built-out kitchen
• Investors looking for a profitable hospitality asset with upside
• Restaurant groups expanding into the Chesapeake market
Financing Options
Partial seller financing possible.
Listing Info
ID
2472965
Listing Views
12
Business Location

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Business Listed by: Angel Velazquez

Listing ID: 2472965 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.