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American Restaurants
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Upscale Restaurant in South Hampton Roads

Virginia, United States
listing image
Asking Price$425k
Revenue$1.62m
EBITDA-
Cash Flow$118k
Description
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. Facilities/Location/Real Estate 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.
Real Estate
Rent is $7,651 per month
Building Size: 3200 sq. ft.
Furniture Fixtures & Equipment
$49k
Inventory
$14kIncluded in Asking Price
Number of EmployeesFull-Time: 7Part-Time: 22
Year Established
2010
Reason Selling
Retirement
Facilities & Assets
Facilities/Location/Real Estate 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 tha
Support & Training
2 weeks minimum
Growth Opportunities
This opportunity is well suited for: · 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
Financing Options
SBA Lender pre-screened w/ $42,500 down. Also, $60,000 working capital is available
Related Categories
American Restaurant for Sale
Business for Sale in Virginia
Asking Price$425k