Profitable Bar with Strong Cash Flow and Entertainment For Sale

Profitable Bar with Strong Cash Flow and Entertainment
Photos on request

$389,000

For Sale

Asking price

Financials

Annual Revenue
$641,107
Annual Profit
SDE
$170,865
Approx. Inventory Value
$1,500
Approximate FF&E
$35,000

The asking price is 0.6× the annual revenue — a common way to evaluate whether a business is fairly priced.

7.1
Worth exploringVenturu AI
Price vs. incomeHow long to earn back your investment?Financing optionsAbout the broker: Timothy Johnson

Key Details

Number of Employees
12
Establishment Date
Jan 1, 2017
Owner's Weekly Hours
10
Business Type
Bar

Details

Beloved local dive bar in Virginia Beach with a stellar reputation for great food, cocktails, and live entertainment. Features 2,800 sq ft of space, outdoor patio, and ample parking. Strong cash flow with owner working just 10 hours weekly. Prime location with growth potential through expanded menu and live music.

Property

Rent
$5,495
Rent Schedule
Monthly
Lease Expiration
Feb 28, 2027

Location

Approximate location — the exact address is shared after you connect with the broker.

Price & Financing

Asking Price
$389,000
Buyer Financing
Yes
Min. Down Payment

Training

Included
Yes
Cost
Free

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The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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Timothy Johnson

Thinking of selling your business?

Work with Timothy Johnson to price confidently, position your listing, and attract qualified buyers.

Verified broker · 31+ years experience · Active on Venturu marketplace

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