Seller's Contact Information

  • RE:  Profitable Restaurant With Sports Theme-110751-JM
  • Contact:  Joe Moorman
Listing Update!
Update: Profitable Restaurant With Sports Theme-110751-JM is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Food & Beverage: Restaurants, Fast Food, Deli Industry.

Business Overview:

This turnkey restaurant has been a local favorite in the Tidewater region of Virginia for over 20 years. The current owner took over the restaurant in 2009 and sales have tripled since that time.

It is located close to a major highway along a heavy-traffic route. There is entertainment, golf courses, retail, and residential within a short distance from the restaurant, allowing for large numbers of tourists and visitors as well as local clientele.

All kitchen and restaurant equipment and fixtures convey with the sale, as well as an impressive inventory of sports memorabilia.

Reason for Selling:

retiring

Additional Details:

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

Relevant Links:

Opportunity Update!

Exciting update: Profitable Restaurant With Sports Theme-110751-JM has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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Long-Established, Highly Regarded Restaurant

Not Disclosed, CA
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A rare opportunity to acquire a well-established, highly respected restaurant with over three decades of continuous success. Known for its elevated European-inspired menu, specialty cocktails, and live entertainment, this destination has become a local favorite, consistently serving both loyal regulars and new guests. The inviting interior features a recently updated bar, refreshed flooring and finishes, and a remodeled restroom. Guests enjoy both indoor and outdoor seating, including a beautifully appointed front patio. The outdoor terrace, updated in recent years, offers additional al fresco dining.The cozy, workable kitchen is fully equipped with newer appliances, including a recently upgraded walk-in compressor, modern pantry and line refrigeration, a newer oven and freezer, and a contemporary POS system with online ordering capabilities. Security cameras cover the premises inside and out for added safety and operational ease.Holding a sought-after Type 47 Cabaret Liquor License, the restaurant also offers regular live music performances through a professional entertainment service, enhancing the vibrant atmosphere.Operationally efficient, the business benefits from a seasoned and stable team, with many employees boasting years — even decades — of tenure. Current hours focus on lunch and dinner service Tuesday through Saturday, with flexibility to expand if desired.The business enjoys strong vendor relationships with major alcohol distributors and is fully turnkey for a new owner ready to step into a thriving and well-maintained operation.PARKING: Parking available in lotEQUIPMENT: The equipment is in excellent condition and has been well maintained.LEASE TERM: 5 years remaining with one (1) five-year optionBASE RENT: Approx. $8,318 per monthCONCEPT: Italian RestaurantSIZE: 1,900 SFSEATS: 94HOURS: Open 5 days a week (Tues-Sat)LICENSES: Type 47 Liquor LicenseSALES: $1,780,327 in 2024CASH FLOW: $47,550ASKING PRICE: $535,000 (For the Business)

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