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

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.