Premier Smith Mountain Lake Waterfront Restaurant for Sale
Asking Price: | $2,999,999 |
FF&E: | $500,000 |
Gross Revenue: | $1,300,000 |
Established Year: | 2011 |
Sold Turn-key, once in a lifetime opportunity.
Here is the opportunity of a lifetime...your chance to own a one of a kind Smith Mountain Lake waterfront restaurant. Nestled in a quiet cove with 20 boat slips for docking, it is a popular destination for boaters and motorists alike. Tourists staying at the neighboring hotel or year-round campground, frequent this restaurant for meals, beverages and entertainment. Known for its award winning American Faire, this thriving restaurant offers a total seating area for 231 guests. Boasting a dinning room, outside covered and open dining space and separate bar room that seats 43 guests alone! The fully stocked bar, known as the craft beer capital of SML, offers a recently updated glycol and 24 tap beer system.
The functional, spacious chefs kitchen features a double decker commercial pizza oven, walk in freezer, walk in cooler, dish station, prep station and server station. Equipped with a 7 station POS, Micros 3700 computer system
A separate 30X30 retail space is located above the restaurant and makes a fantastic gift shop, or could easily be an expansion of the bar or turned into a small apartment. Adjoining upstairs is an additional managers office space and beer cooler. A 22 KW backup generator will run freezers, coolers and septic system in the event of power loss. All equipment, décor and furnishings convey, with the exception of a few sentimental items. Public water/sewer and high speed Xfinity internet. General manager, chef, lead server and head bartender are willing to stay on.
This is a one of a kind restaurant on Smith Mountain Lake, it sits above the water and locals love it's dog friendly hospitality. The dinning experience is unmatched; from color schemes, audio system to carefully thought out finishes... you're always on lake time here.
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