Profitable Bar with Strong Cash Flow and Entertainment For Sale

$389,000
For Sale

Financials

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

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.

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

Property

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

Location

Price & Financing

Asking Price
$389,000
Buyer Financing
Yes

Training

Included
Yes
Cost
Free

Ad#:754

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