MergerPlace

High Volume Draft Beer Bar & Restaurant

Virginia (Hampton City)


  • Asking Price: $169,000
  • Gross Income: $909,056
  • Cash Flow: $110,441
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $150,000
  • Listing ID: #199851
  • Established: 2006
  • Employees: 1 FT/12 PT

Business Description

Open since 1984, this tap house has been serving micro-brews long before the recent increase in local breweries. This location now works with breweries from all over the area to bring the best beers to their customers. The bar currently operates 37 rotating drafts and a full service kitchen. The reviews on this location ranks the food and beverages around the top of the chats every year in Hampton Roads. This established business is a high volume location with the ability to drive additional sales through on-site events and catering. The current owner is absentee and the revenue and costs could be controlled better with someone who is more involved. With a great reputation, great location and great customer base, this opportunity will sell quickly.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia
County: Hampton City

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/12 PT

Financial Information

Asking Price: $169,000
Gross Revenue: $909,056
Cash Flow: $110,441
FF&E: $150,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Reason for selling:

Family matters.

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Chris Settelen

Murphy Business Brokers