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Listed by:

Metropolitan Restaurant Brokerage

High Volume Full-service Restaurant & Bar For Sale

Norfolk, Virginia, US
Asking Price:
$239,000
Sales Revenue:
$1,130,566
Cash Flow:
Undisclosed

High Volume Full-Service Restaurant & Bar

Full-Service Restaurant & Bar – Norfolk, VA – $239,000

Fantastic opportunity to own a full-service restaurant and bar in the heart of Norfolk, Virginia. Located on a high-traffic road in a dense residential area with excellent walkability, this established restaurant delivers strong sales and offers tremendous potential for a new owner.

  • Size: 5,772 sq. ft.
  • Seating: 65 inside with a large bar, plus 40 seats on the outdoor patio
  • Staff: 7 full-time and 18 part-time employees in place
  • Sales: Averaging $1,130,566 annually
  • Rent: Extremely low at just $5,440/month
  • Lease: New lease to be provided to buyer
  • Established: 2020

This restaurant fits most menus and concepts, whether you’re looking to continue full-service dining or bring in your own vision. The spacious interior, patio seating, and large bar make it perfect for both casual dining and nightlife.

Asking Price: $239,000
Location: Norfolk, Virginia

The current business name does not convey with the sale, ensuring a smooth transition for your concept. This is a must-see opportunity for an operator seeking a well-built, profitable location at an unbeatable rent. You may keep the same style menu.

Property Information

Real Estate:

Lease

Location:

Norfolk, VA (Norfolk City County)

Premises Details:

Fully furnished & equipped

Size in square feet:
5,772

Business Operation

Expansion Potential:

Huge opportunity for a hands on owner operator or family business.

Competition / Market:

EXTREMELY LOW RENT!!!!!

Years established:
5 Years

Other Information

Support & training:

yes

Listed by

Metropolitan Restaurant Brokerage