Reduced To $3.45M - Bar & Restaurant With Real Estate

Business Overview:

$3,837,000 in 2024 Sales with $600,000 in owner earnings! Popular dining and drinking establishment in the Lynchburg area delivers consistently high revenue and profit year-over-year! This Bar and Restaurant for Sale with Real Estate is unique in the local market, boasting dining areas with full bars on two levels, as well as numerous patio and porch seating options and an outdoor covered area featuring a tiki bar! Don't miss this prime chance to own a successful turnkey business in a town where everyone dines out!The owners spared no expense in designing, building and outfitting this gorgeous Bar and Restaurant for Sale with Real Estate with premium equipment and furnishings to create the go-to location for weekday lunches and dinners, weekend dates, Sunday brunches, and graduation and private parties! With over 6,100 square feet under the roof, the restaurant also includes a spacious adjoining outside patio with lighted tent, multiple lounge and high top seating areas, fire pits, and outdoor entertainment options. And of course the tiki bar! Situated in a high-traffic area, there is ample public and street side parking to accommodate the crowds.This exclusive We Sell Restaurants offering can serve over 310 guests, and is equipped with a kitchen capable of preparing any menu item - check out the extensive equipment list accompanying this listing! Due to high business volume, the owners of this Bar and Restaurant for Sale with Real Estate invested in a nearby supplemental prep kitchen, leased at a very reasonable $1,669 per month, which can also be used for catering. Mature processes, a seasoned staff, and a winning menu are all in place and ready for a new owner!Need financing? This business qualifies for SBA financing, and we have numerous resources available to secure lending with as little as 10% down. Opportunities to own a well-established, profitable Bar and Restaurant for Sale with Real Estate do not come along every day. Take advantage of the recent price reduction! Call the Restaurant Brokers at We Sell Restaurants now to get started on your journey towards restaurant ownership!By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

Walk in freezerWalk in coolers x2Reach in refrigerator freezers x2Reach in refrigerators x5Chef base refrigerator 8 panChef base refrigerator 10 pan36 inch griddleHood systemIn ground grease trap12 burner stove and ovenSlow cook and hold ovenGas fryers with covers x3Countertop pizza oven brick lined1000 watt commercial microwave oven1800 watt commercial microwave ovens x4Convection ovenUndercounter refrigeratorIce maker with bin 1066 lbs per dayIce maker with 430 lb capacity storage bin3 compartment sink30 qt vertical mixer30 qt planetary floor mixerCountertop induction cookers x2Gas CharbroilerRefrigerated back bar cabinets x3Heavy duty stainless steel countertop induction range x2Mega Top sandwich prep cooler x3Lettuce crisper dispenserTwo compartment sink with drain boardsDouble deck stainless steel shelf20 tier pan rack x23 foot stainless steel work table5 foot stainless steel work tables x5Free standing warming drawer10 inch manual slicerDish tables and dump sinksDish and sorting racks assortedDishwashers x2Hand sinks x6Numerous wire sorting racksNumerous shelf storage units4 foot work table with overshelfGlass and plate chillerCookware flatware and service wareGlasses stemware barwareTwo indoor and one outdoor Tiki barLiquor displaysSpeed railsSinksGlass front coolersIce binsThree 24 tap towersTwo 24 inch 4 tap wine kegeratorsTiki bar 12 tap kegeratorBar decor and mirrorsBooths x13High top tables x8Low top tables x20Dining chairs x87Large iron bench in waiting areaOutdoor waiting iron benches x8Patio tables x8Patio chairs x27Outdoor high top tables x7Outdoor high top chairs x14Bar stools x56Tiki bar stools x28Outdoor patio chairs x46Outdoor cushioned lounge chairs x17Small outdoor patio tables x91200 sq ft outdoor tent with lightingFire pits x9Heater lamps x9Smoker and grillLarge outdoor storage tubs x2Hostess standPortable outdoor hostess standOutdoor chess boardPing pong tableCornhole boards x6Large jangaHD TV monitors x19120 inch projection TVSound system with 2 crown amps and 2 zone JBL receiversAloha POS server monitor and 9 POS stationsDesk top computers x2Printers x2Scanners x2Large safeNetwork system throughoutPhones x3Security system with 33 cameras and two monitorsSignageDecor and artworkSeasonal decor2003 Honda delivery van

Market Competition and Expansion:

One of the largest independent restaurants in the area, prime location with huge local following, outdoor and covered patio seating, three bar areas.

Reason for Selling:

Personal

Additional Details:

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