Hot Listing

Local "dive" bar serving food, cocktails and live entertainment

Asking Price$199,900

Cash Flow
$170,865
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$641,107

Inventory$1,500
Included in asking price
FF&E$35,000
Included in asking price
listing imageSave
Hot Listing

Local "dive" bar serving food, cocktails and live entertainment


Asking Price$199,900

Cash Flow
$170,865
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$641,107

Inventory$1,500
Included in asking price
FF&E$35,000
Included in asking price

Seller Financing Available
Business Description
This popular "dive" bar enjoys an excellent reputation in the area and has become a beloved local hangout. With great food, good drinks, and a perfect atmosphere for live entertainment and games, it has something for everyone. The owner is on-site for only about 10 hours a week, relying on a capable team to manage daily operations. Spanning 2,800 sq ft, the bar offers ample seating while still accommodating entertainment and game nights. It also features an outdoor patio and plenty of parking. This well-established restaurant boasts strong cash flow and offers numerous opportunities for further growth!
About the Business
Years in Operation
8
Employees
12
Facilities & Assets
A great location at a major intersection, plenty of parking, outdoor seating and plenty of space for entertainment and games on the inside.
Market Outlook / Competition
Only dive bar in the general area
Opportunities for Growth
Add in additional menu items, add in breakfast, brunch and do some advertising add in live music
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,820
Rent
Not Disclosed
Lease Expiration
2/28/2027
About the Sale
Seller Motivation
Other unrelated opportunties
Transition Support
2 weeks
Financing Options
129k payable over 2 years 8% interest
Listing Info
ID
2287067
Listing Views
3214

Contact Seller

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Business Listed by: Tim Johnson First Choice Business Brokers of Hampton Roads

Listing ID: 2287067 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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