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Asking Price: $395,000

Downtown Lexington Restaurant & Bar Offered at $395,000

Lexington, VA
Lexington city County

Offered at $395,000 - SBA pre-approved with lenders standing by! 2023 sales topped $619K, delivering earnings of $163,000 at this very popular Virginia Restaurant for Sale! Located in the heart of Lexington, it's been a favorite with locals and tourists alike for over 20 years, providing a contemporary dining experience including signature dishes with locally-sourced ingredients, and featuring one of downtown's most popular bar destinations. Historic ambiance, a winning menu, and a seasoned staff provide the recipe for a new owner/operator's success!Lexington's vibrant downtown hosts galleries, shops, boutique hotels and more, with streets steeped in history dating back to the 18th century. Besides the local clientele, the city is Immensely popular with history buffs, shopping enthusiasts, and wedding parties, and is host to both William and Lee University and Virginia Military Institute - providing a robust customer base at your doorstep! With seating for 65, the restaurant and adjoining bar area are often filled to capacity during evening dinner hours. Opportunities abound to increase revenue at this Restaurant for Sale by offering a lunch service, or by hosting private events, in-house catered dinners and tastings, or providing outside catering.This Restaurant for Sale offered by We Sell Restaurants has the capacity and flexibility to do it all! The huge, thoughtfully arranged kitchen is suitable for offering any menu, and includes a cooking line with 8 burner range, convection oven, fryer, flat top, grill, sandwich stations, pizza ovens, and more. Spacious prep areas, ample dry goods storage space, and numerous coolers and freezers round out the space. Check out the extensive equipment list and you'll discover everything needed to serve the current menu, or to add your own personal culinary touch if desired!With a very reasonable rent of $1,936 per month for this 2,800 square foot Restaurant for Sale, everything is in place to assume operations and make your dream of restaurant ownership a reality. Owner is willing to provide training and support! Just add your passion and drive and you have all the ingredients for successful restaurant ownership. Let the Restaurant Brokers at We Sell Restaurants show you how!By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Cash Flow $162,546
Revenue $619,419

Asking Price: $45,000

Sam's Hot Dog Stand Franchise for Sale in Lexington, VA

Lexington, VA
Lexington city County

Offered at just $45,000, this profitable Hot Dog Franchise for Sale is your opportunity to own an established, successful food service business for a fraction of the cost of starting from scratch! This business is truly turnkey - great location with drive-thru, a great lease, and a straightforward, streamlined operation with franchisor support! Ideal for a single owner/operator looking to own their own business!Located just off I-64 on a main Lexington, Virginia thoroughfare, the store is located inside a busy 7-Eleven convenience store and features a drive-thru window as well as inside seating for eight. This Hot Dog Franchise for Sale can easily be managed by a single owner/operator, or expand your operating hours and add some part-time help to grow your revenue and profit! Sam's Hot Dog Stand originated in 1983 in West Virginia, and has since grown to include locations in Virginia, Kentucky, and North Carolina. A simple but crowd-pleasing menu with low food cost provides the recipe for success.The Franchise for Sale comes with all necessary equipment, and the landlord includes additional refrigerated and dry goods storage space in the low $1,200 monthly rent. Utilities are billed at just $200 per month, making it easy to forecast your monthly expenses. At under 400 sq. ft., it is a lean operation designed for turning out quality food fast, and minimizing clean-up, maintenance and overhead costs. Let the brokers at We Sell Restaurants show you how easily you can own your very own turnkey business.Becoming a member of an established franchise provides many benefits, including brand-name recognition, home office support, proven operating procedures, and marketing muscle. And, by purchasing this operating Franchise for Sale, you will avoid build-out, start-up, and opening/advertising costs. A one-time transfer & training fee of $8,250 is all you need to get started; after that, there is a 4% royalty on sales and a 3% advertising royalty.Currently producing earnings of over $22,000, this business is poised for growth with a new owner. While relatively new to the Lexington market, this Franchise for Sale enjoys a strong local following and is gaining popularity in the community. Why wait? Call today to learn more!By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

Cash Flow $22,455
Revenue $134,879

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