Oceanfront Hospitality Venue – Confidential Sale
Virginia Beach, VA | Asking Price: $549,000 | Revenue: ~$1M | Cash Flow: Available Upon NDA
A rare opportunity to acquire a high-performing, multi-concept hospitality venue located steps from the Virginia Beach Boardwalk. This iconic business blends casual dining, nightlife, and entertainment across a versatile footprint that includes multiple bars, outdoor decks, and event-ready spaces.
Highlights:
Prime oceanfront location with year-round foot traffic Six bars, dance club, multi-level outdoor seating Diversified revenue streams: F&B, entertainment, private events, merchandise Zoned for live music, outdoor service, and extended hours Surrounded by major hotels, attractions, and seasonal festivals Strong brand equity and loyal customer base Turnkey operation with experienced staff and systems in place
Location Advantages:
Adjacent to several major hotels Captures traffic from Neptune Festival, ECSC, and summer concerts High visibility on a major pedestrian corridor Accessible from I-264 with ample nearby parking
Recent Development Momentum: Virginia Beach is undergoing major revitalization, including Atlantic Park, a $300M entertainment district led by Pharrell Williams, Rudee Loop Park, which will add new green space and pedestrian‑friendly amenities, and the 17th Street Corridor Improvements, designed to enhance walkability, lighting, and year‑round tourism flow. These projects are expected to significantly increase visitor traffic and long-term commercial value for nearby hospitality operators.
Growth Potential:
Expand private event offerings and branded experiences Introduce digital ordering, loyalty programs, and delivery channels Optimize menu for health-conscious and seasonal trends Explore franchise or licensing opportunities in other coastal markets
This offering is ideal for strategic operators, hospitality groups, or investors seeking a scalable, high-yield asset in one of the East Coast’s most vibrant tourism markets.
Serious inquiries only. NDA required for full financials and business profile.
To learn more, contact the listing advisor via BizBuySell’s secure messaging platform.