Reduced To $3.45M - Bar & Restaurant With Real Estate

Business Overview:

$3,837,000 in 2024 Sales with $600,000 in owner earnings! Popular dining and drinking establishment in the Lynchburg area delivers consistently high revenue and profit year-over-year! This Bar and Restaurant for Sale with Real Estate is unique in the local market, boasting dining areas with full bars on two levels, as well as numerous patio and porch seating options and an outdoor covered area featuring a tiki bar! Don't miss this prime chance to own a successful turnkey business in a town where everyone dines out!
The owners spared no expense in designing, building and outfitting this gorgeous Bar and Restaurant for Sale with Real Estate with premium equipment and furnishings to create the go-to location for weekday lunches and dinners, weekend dates, Sunday brunches, and graduation and private parties! With over 6,100 square feet under the roof, the restaurant also includes a spacious adjoining outside patio with lighted tent, multiple lounge and high top seating areas, fire pits, and outdoor entertainment options. And of course the tiki bar! Situated in a high-traffic area, there is ample public and street side parking to accommodate the crowds.
This exclusive We Sell Restaurants offering can serve over 310 guests, and is equipped with a kitchen capable of preparing any menu item - check out the extensive equipment list accompanying this listing! Due to high business volume, the owners of this Bar and Restaurant for Sale with Real Estate invested in a nearby supplemental prep kitchen, leased at a very reasonable $1,669 per month, which can also be used for catering. Mature processes, a seasoned staff, and a winning menu are all in place and ready for a new owner!
Need financing? This business qualifies for SBA financing, and we have numerous resources available to secure lending with as little as 10% down. Opportunities to own a well-established, profitable Bar and Restaurant for Sale with Real Estate do not come along every day. Take advantage of the recent price reduction! Call the Restaurant Brokers at We Sell Restaurants now to get started on your journey towards restaurant ownership!
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Property Features and Assets:

Walk in freezer
Walk in coolers x2
Reach in refrigerator freezers x2
Reach in refrigerators x5
Chef base refrigerator 8 pan
Chef base refrigerator 10 pan
36 inch griddle
Hood system
In ground grease trap
12 burner stove and oven
Slow cook and hold oven
Gas fryers with covers x3
Countertop pizza oven brick lined
1000 watt commercial microwave oven
1800 watt commercial microwave ovens x4
Convection oven
Undercounter refrigerator
Ice maker with bin 1066 lbs per day
Ice maker with 430 lb capacity storage bin
3 compartment sink
30 qt vertical mixer
30 qt planetary floor mixer
Countertop induction cookers x2
Gas Charbroiler
Refrigerated back bar cabinets x3
Heavy duty stainless steel countertop induction range x2
Mega Top sandwich prep cooler x3
Lettuce crisper dispenser
Two compartment sink with drain boards
Double deck stainless steel shelf
20 tier pan rack x2
3 foot stainless steel work table
5 foot stainless steel work tables x5
Free standing warming drawer
10 inch manual slicer
Dish tables and dump sinks
Dish and sorting racks assorted
Dishwashers x2
Hand sinks x6
Numerous wire sorting racks
Numerous shelf storage units
4 foot work table with overshelf
Glass and plate chiller
Cookware flatware and service ware
Glasses stemware barware

Two indoor and one outdoor Tiki bar
Liquor displays
Speed rails
Sinks
Glass front coolers
Ice bins
Three 24 tap towers
Two 24 inch 4 tap wine kegerators
Tiki bar 12 tap kegerator
Bar decor and mirrors

Booths x13
High top tables x8
Low top tables x20
Dining chairs x87
Large iron bench in waiting area
Outdoor waiting iron benches x8
Patio tables x8
Patio chairs x27
Outdoor high top tables x7
Outdoor high top chairs x14
Bar stools x56
Tiki bar stools x28
Outdoor patio chairs x46
Outdoor cushioned lounge chairs x17
Small outdoor patio tables x9
1200 sq ft outdoor tent with lighting
Fire pits x9
Heater lamps x9
Smoker and grill
Large outdoor storage tubs x2
Hostess stand
Portable outdoor hostess stand
Outdoor chess board
Ping pong table
Cornhole boards x6
Large janga
HD TV monitors x19
120 inch projection TV
Sound system with 2 crown amps and 2 zone JBL receivers
Aloha POS server monitor and 9 POS stations
Desk top computers x2
Printers x2
Scanners x2
Large safe
Network system throughout
Phones x3
Security system with 33 cameras and two monitors
Signage
Decor and artwork
Seasonal decor
2003 Honda delivery van

Market Competition and Expansion:

One of the largest independent restaurants in the area, prime location with huge local following, outdoor and covered patio seating, three bar areas.

Reason for Selling:

Personal

Additional Details:

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