Virginia Business For Sale

Neighborhood Bar & Grill, w/RE

Northern Neck, VA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$190,000
$100,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1964
1 Full/3 Part
962726092

Business Overview:

This Bar and Grill is a mainstay of a small rural town in a retirement and vacation area. It is well known as a local watering hole and meeting place. It also serves as a popular breakfast and luncheon carry-out source for nearby businesses. Although numbers are somewhat unclear, the business appears profitable, and with some remodeling and upgrades could be substantially more so. Owner will work with buyer to assure that local clientele is retained as business expands.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The 2080 sq ft building sets on a 7536 sq ft lot on the main street of a small town, which is the county seat of a rural county located near major rivers and vacation areas. The remaining portions of the property house a fenced patio, used for summer cook-outs, and parking. The building, while basically sound, is some 50 years old and could use some remodeling to achieve potential business growth.

Market Competition and Expansion:

With a general facelift and an expanded menu, this local tavern could significantly expand its business. It’s the place to go for many of the locals; more (including a large tourist population) would frequent an upgraded establishment.

Reason for Selling:

Other Interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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