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- RE: Social Arcade Bar For Sale In Tidewater Area
- Contact: Gavin Raphael
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | $1,300,000 | |
| Net Profit: | $200,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 8 | |
| BBN Listing #: | 1010161 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Confidential opportunity to acquire an established social arcade bar and entertainment venue in the Hampton Roads market. The business combines arcade and amusement games, social gaming attractions, food service and private events. The concept has an established local presence, multiple revenue streams, and a team in place for day-to-day operations.
Ownership is largely absentee, creating upside for a more active operator. Growth opportunities include adding liquor, improving the food/menu, refreshing select games, expanding private events, adding music or themed nights, and strengthening social media and local marketing.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Location is leased.
Reason for Selling:
Owner wishes to retire. Kindly ask the seller for more information.
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:
- View more Virginia businesses for sale
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