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Bar Lounge For Sale

Hampton Roads, Virginia, United States
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Asking Price$165,000
Revenue$260,000 Established1986
Cash Flow$26,000 Employees1 full, 6 part
FF&E$100,000* FranchiseNo
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Purchase this long-standing restaurant/bar located in a dense commercial/residential section of the Hampton Roads. This established restaurant/bar is located near a highly traveled intersection, just a few minutes from interstate access and an Airport.  Longstanding Full-Service Restaurant and Bar. Dense Commercial and Residential Surroundings. Only Moments From Interstate and an Airport. Established in 1986, this business has been a profitable local hangout serving both local natives and residents of the Greater Hampton Roads for going on three decades. The 2,400 SF Space is located in a corner suite in a strip shopping center with a steady flow of patrons and more than ample parking in front. Given the dense surrounding of residences and commercial strip centers as well as professional offices, this is a versatile well-located business with lots of potential. Rent is favorable at $2,200 per month with a lease good through 2021. This is a perfect opportunity for a bar manager or restauranteur looking to grow their expertise with a pre-established bar/restaurant with a pre-existing system and client base. Don't let this opportunity pass by without finding out more.
Contact FOUAD MOHIT for information TODAY on his Cell: (757) 237-2301) or VIA eMail: fouad@SunbeltNetwork.com.
Seller Financing:Seller may consider some owner financing
Sale Reason:Relocation
Ad #79678
Seller Reference #HAMPTVA001-N1571
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Contact This Seller
Fouad Mohit
(757) 557-0006
Email Address