Upscale Bar & Restaurant for Sale with Real Estate - $3.68M in Sales
| Asking Price: | $3,750,000 |
| Gross Revenue: | $3,674,673 |
| Cash Flow: | $612,549 |
| Established Year: | 2018 |
Upscale Bar & Restaurant for Sale with Real Estate - $3,675,000 in Sal
Popular dining and drinking establishment in the Lynchburg area delivers consistently high revenue and profit year-over-year, with over $612,000 in owner earnings for 2023! 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. Call the Restaurant Brokers now to get started on your journey towards restaurant ownership!
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