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Virginia Business For Sale |
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| POPULAR RESTAURANT & BAR |
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| Attn: Fouad Mohit |
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| Hampton Roads, VA, USA |
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| Asking Price: |
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$475,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Bars, Clubs, Nightspots |
| Reason for Selling: |
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Pursue Other Opportunities. |
| Year Established: |
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2003 |
| # of Employees: |
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8 Full/8 Part |
| Yearly Revenues: |
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$1,000,000 |
| Yearly Cash Flow: |
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$175,000 |
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Business for Sale Overview:
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This saloon opened its doors in 2003 under the management of the current owner. The appeal and popularity of the business went hand in hand as the success was instant. With a one-of-a-kind ambiance, the walls of the spacious dining area are adorned with everything from pictures of past events, to unique t-shirts, to biker memorabilia. Whether the customers have got a Chopper or not, this restaurant/bar is as cozy as home. This restaurant/bar also has an extensive line of custom t-shirts in high demand. They are one of the only spots in the Hampton Roads that are licensed to have amplified live music, and they do. Whether going to grab a bite, check out some tunes, mingle with other motorcycle enthusiasts, or just having a drink, this is the place to be. In addition, there are three (3) six-tops, (4) four tops, and twenty-one stools along two separate bars. The Bars and booths are decorated with signature diamond plating and their various emblems, a theme recurrent throughout the dinning area. It is also equipped with eight (8) conveniently placed televisions visible from every spot. A pool table sits at the back end of the dining area next to a Classic design Jukebox and two (2) bar-mounted electronic game machines (all leased). The music is broadcast via their state-of-the-art sound system. The ceiling is fitted with a combination of eight (8) multi-purpose speakers, tweeter, and subwoofers which pump the tunes inside and four (4) more that blast them on the outside, all with crystal clarity.
Outside on the covered patio there are twenty-one stools along the rail, seven (7) six-tops, seven (7) four-tops and convenient service bar. Aside from the front patio, there is a tent with four picnic tables for special events and overflow accommodations.
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Property Features and Assets:
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3,000 sq. ft. building. Rent is $3,800 with a lease good till 2029. An immaculate 3,000 sq. ft. structure. The Building sits at the intersection of two major boulevards, undisturbed by other structures and with more than ample parking. The dining area is furnished with three (3) booths along the over sized windows which overlook the grand semi-wrap patio and the tree lined Roadways. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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