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Incredible Williamsburg Sports Bar For Sale - $1.1 Million In Sales Williamsburg, VA 23185

  • Retail properties
  • 10,700 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 0 Incredible Williamsburg Sports Bar For Sale - $1.1 Million In Sales

Property size
10,700 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional Williamsburg, VA business opportunity presents a fully operational sports bar, restaurant, and event venue. Boasting 10,700 square feet of space, it comfortably accommodates 200 guests indoors. The property enjoys a highly desirable location, benefiting from proximity to major attractions like Busch Gardens, Water Country USA, and the Historic Triangle, drawing significant tourist traffic. With over 800 apartments and condos within a quarter-mile radius, the local residential population also provides a strong customer base. The business consistently generates substantial revenue, exceeding $1.1 million in sales in 2023 and projected to reach nearly $1 million in 2024. Offered at an attractive price of $225,000, this represents a significant value. The lease extends until May 29, 2037, with a monthly rent of $14,266.06, inclusive of CAMs, taxes, water, and trash services. A fully equipped commercial kitchen, featuring top-of-the-line appliances and a long hood system, is included. The sale also includes a full liquor license, all existing equipment (including a POS system, HD Golf Simulator, and extensive furniture and fixtures), and established recipes. The current operating hours are 11:00 AM to 10:00 PM, offering potential for expansion. This turnkey operation is ready for a new owner to step in and capitalize on its established success and significant growth potential. Buyers with a credit score of 680 or higher may qualify for unsecured lending options.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Williamsburg
County
Surry
State
Virginia
Longitude
-76.6644
Latitude
37.2424
More about this property
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