Relaxed Bar and Full Service Restaurant - Semi-Absentee
Virginia Beach, VA
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.

Listing Number:

24923

Category:

Bar/Liquor,Food - Restaurant

Location:

Virginia Beach, VA

SOLD

Financial Information:

Gross Revenue:

$1,110,468

Listed Price:

$359,900

Total Adjusted Net Income:

$114,502
Equipment / Fixtures:
$81,000

Year Established:

2017

General Location:

Virginia Beach, VA

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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Relaxed Bar and Full Service Restaurant - Semi-Absentee

Location: Virginia Beach, VA

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.

Listing Number:

24923

Category:

Bar/Liquor

Location:

Virginia Beach, VA

Ciro 'Vic' Coppola

Office: (702) 368-2500   |  Cell: (725) 233-3333

License #: BS.0146004

Financial Information:

Gross Revenue

$1,110,468

Listed Price:

$359,900

Lease Information:

Square Feet:

3430

Total Rent:

$10,012

Lease Expiration:

02/2030

Lease Options:

1-3 y

Asset Information:

Leasehold Improvements:

$215,000

Equipment / Fixtures:

$81,000

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

23

Training Period:

2 weeks

Reason for Selling:

Other business and personal interest

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.