A Locals Established Brew Pub & Restaurant

Not Disclosed, VA

Asking Price: Annual Revenue:
$75,000 $641,144

Food & Beverage: Restaurants, Fast Food, Deli

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RE: A Locals Established Brew Pub & Restaurant Broker: Frank Chebalo

Quick Facts

Asking Price: $75,000
Annual Revenue: $641,144
Net Profit: Not Disclosed
Cash Flow: $1,649
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 17
BBN Listing #: 25574955
Broker Reference #: 2007-15689

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Business Overview:

Centrally located near the Oceanfront and in the center of all the activity and action; this Restaurant & Brewery hosts a great menu of hand crafted kitchen prepared delicacies well suited for anyone's taste and any occasion. A great location for friends and family with an accommodating kids’ menu and at the same time a great locals meet and greet hot spot. And that’s not all that’s cooking here; this location is a full fledged brewery complementing the overall specialty, uniqueness and grand formula all crafted and displayed across 3,000 square feet. Operating over five years this facility has an identity and brand coupled with a fantastic location. Its unique character is host to special events, parties and celebrations. And at the same time remains that quaint Pub and place to take that special someone, to share a meal, assemble a family, or gather friends. The location began evolving the day it opened its doors and continues a legacy with every event, weekend and occasion. Customers by design have become regulars and friends and the word is spreading to visitors and tourists from out of the area in summer months as this is a place to earmark on a dinner list of places to try. Located in an upscale area and unique location the facility contains a full kitchen and bar with 15 beers brewed on site and on tap. Seating capacity is just over 100 including a great outside patio. The restaurant employs a total of 17 individuals, 5 full time and 12 part time. And the owner has been actively involved since opening the doors and therefore has an intimate knowledge of the systems and staff in place and will ensure a smooth and seamless transition into the space.

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Property Features and Assets:

Restaurant and brewery (brewpub) is centrally located in an upscale area and location. Full kitchen and bar. Fifteen beers brewed on site and on tap. Seating for approximately 75 patrons inside and an additional 35 on the outside patio. Assets= $95,000

Market Competition and Expansion:

Main competition is other restaurants.

Reason for Selling:

Relocating for spouse’s career.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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