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Social Arcade Bar In Tidewater Area For Sale

Tidewater, Virginia, US
Asking Price:
$495,000 Furniture / Fixtures included
Sales Revenue:
$1,300,000
Cash Flow:
$200,000

Confidential opportunity to acquire an established social arcade bar and entertainment venue in the Hampton Roads market. The business combines arcade and amusement games, social gaming attractions, food service and private events. The concept has an established local presence, multiple revenue streams, and a team in place for day-to-day operations.

Ownership is largely absentee, creating upside for a more active operator. Growth opportunities include adding liquor, improving the food/menu, refreshing select games, expanding private events, adding music or themed nights, and strengthening social media and local marketing.

Property Information

Real Estate:

Lease

Location:

Tidewater

Premises Details:

Location is leased

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Growth opportunities include adding liquor, improving the food/menu, refreshing select games, expanding private events, adding music or themed nights, and strengthening social media and local marketing.

Reasons for selling:

Owner wishes to retire

Employees:
8

Other Information

Support & training:

Seller will provide support and training following the sale

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$100,000 - included in the asking price