Hampton Roads Restaurant, Bar & Catering Business for sale
Business Description
Well-known and historic 150-seat restaurant located in the historic section of the inner city. The restaurant has operated for more than 20 years at the same location and with the same owners.
The well-decorated facility has a small bar and space for private parties. The outdoor dining is covered and open-air, but enclosed and heated for cold weather availability. Triple net lease has better than great rent for downtown space. A full ABC license is transferable for a qualified new owner.
The semi-absentee owner has assembled a very qualified team, and they have operated the business successfully for many years. The seller is willing to do some financing for a qualified buyer to assure the buyer that they have confidence in the management team and financial information.
The well-decorated facility has a small bar and space for private parties. The outdoor dining is covered and open-air, but enclosed and heated for cold weather availability. Triple net lease has better than great rent for downtown space. A full ABC license is transferable for a qualified new owner.
The semi-absentee owner has assembled a very qualified team, and they have operated the business successfully for many years. The seller is willing to do some financing for a qualified buyer to assure the buyer that they have confidence in the management team and financial information.
About the Business
- Employees
- 20
- Facilities & Assets
- 4,986 sq. ft. leased space, with seating of 150
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,986
About the Sale
- Transition Support
- The seller will negotiate a transition period suitable for the Buyer.
- Financing Options
- Seller will consider some financing for a qualified buyer
Listing Info
- ID
- 1986594
- Listing Views
- 1317
Listing ID: 1986594 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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