Upscale Casual Restaurant in a High Traffic Area in South Hampton Roads
Established for more than fifteen years, this highly rated, full service, upscale casual restaurant occupies a prime position in a busy South Hampton Roads shopping center. It has become a go to destination for locals and visitors alike, a place where large groups, families, and couples gather for conversation, connection, and consistently excellent food. With over 1,500 Google reviews and a 4.6 star rating, the restaurant enjoys a loyal following and strong brand recognition.
Concept & Guest Experience
The restaurant offers a relaxed tavern atmosphere featuring American fare, a self serve wine station, and patio seating. The interior is thoughtfully designed with a warm, inviting aesthetic and a layout that supports both efficiency and ambiance. Key features include:
· Open flame fire deck oven
· Open kitchen concept
· Self serve wine station
· Covered and enclosed patio with unique seating options
· Seating for 100+ guests across approximately 3,000 sq. ft.
The build out is exceptional, with a distinctive design that reinforces the restaurant’s strong reputation and enhances the overall dining experience.
Performance & Operations
Annual revenue consistently exceeds $1.5 million, supported by a well structured operation and a seasoned team. Discretionary earnings surpass six figures, and the current staffing model allows the owner to focus on strategic oversight rather than daily operations. The business is truly turnkey, with systems, processes, and personnel in place to ensure continuity. A new owner can step in smoothly, and the current owner is committed to providing transition support.
- Asking Price:
- $425,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,620,678
- Cash Flow:
- $117,993
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The restaurant offers a relaxed tavern atmosphere featuring American fare, a self serve wine station, and patio seating. The interior is thoughtfully designed with a warm, inviting aesthetic and a layout that supports both efficiency and ambiance. Key features include:
· Open flame fire deck oven
· Open kitchen concept
· Self serve wine station
· Covered and enclosed patio with unique seating options
· Seating for 100+ guests across approximately 3,000 sq. ft.
The build out is exceptional, with a distinctive design that reinforces the restaurant’s strong reputation and enhances the overall dining experience.
Located in a highly sought-after shopping center just off the corner of a major intersection, this premium restaurant space offers exceptional visibility and accessibility. The property features 3,200 square feet of well-designed dining space with a maximum capacity of 150 guests. Over 80 seats in the main dining area 12 seats at the bar Over 30 seats on a covered and enclosed patio The lease averages $7,600 per month, inclusive of CAM fees.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
· An owner operator seeking a profitable, established restaurant with strong community presence
· A multi unit operator or expanding brand looking to secure a premium location in a high demand retail corridor.
· A buyer who values a proven concept, exceptional build out, and stable financial performance
- Reasons for selling:
-
Retirement.
- Trading hours:
-
Mon-Sat 11am-10pm; Sun 11am-9pm
- Employees:
- 7 FT/22 PT
- Years established:
- 16
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $42,500 down.
- Furniture / Fixtures value:
- $48,749 - included in the asking price
- Inventory / Stock value:
- $14,000 - included in the asking price
