Amazing Rooftop Restaurant and Bar for Sale $115,000 in Earnings

Fincastle, VA

Seller Financing Available

listing image
Asking Price:$495,000
Gross Revenue:$667,641
Established Year:2020
Cash Flow:$115,069
Rent:$3,200/Month
BUSINESS DESCRIPTION

Amazing Rooftop Restaurant and Bar for Sale $115,000 in Earnings

With $668,000 in 2023 Sales, this unique Restaurant and Bar For Sale is located in a Virginia community steeped in history, and surrounded by the gorgeous Blue Ridge Mountains. Offering fine dining and hand-crafted cocktails, the restaurant is a favorite with locals and tourists alike, and attracts patrons from nearby Roanoke and those traveling the busy I-81 corridor. The rooftop bar is not to be missed, offering fresh air, stunning views, and a one-of-a-kind bar that must be seen to be believed!
The first floor entryway opens into a bright, cheery seating area with serving counter and glass display cases; this is an ideal setting to offer coffee, pastries, or other grab-and-go items, and provides overflow seating for the main dining room when needed. It also includes space for retail sales including locally sourced food items. The adjoining dining area, featuring its own custom bar, is filled with architectural detail and provides a warm, welcoming ambiance. The kitchen is spacious and well-equipped, and capable of serving any menu - check out the extensive equipment list for this Restaurant and Bar for Sale!
The rooftop bar and dining area is the showpiece of this We Sell Restaurants exclusive offering, providing panoramic views of the historic district and surrounding mountains, and featuring custom canopies, lighting, fire pit, bar and liquor display, and more. Guests love to linger and snack on tapas while sipping a cocktail, beer, or glass of wine from the extensive selection. Extend the outdoor dining experience well into fall with the included patio heaters. The rooftop provides a perfect venue for private parties or special events as well!
There is plenty of parking, and virtually no local competition. And, there are numerous opportunities to significantly increase revenue at this Restaurant and Bar for Sale.
With seating for 90 guests, this 3000 square foot, profitable business boasts a very reasonable rent of $3200 per month, and the seller will consider the sale of the real estate to an interested buyer. The seller is also willing to provide substantial financing to a qualified buyer, making this Restaurant and Bar for Sale a must-see if you've ever dreamed of owning your own bar and restaurant! Don't let this opportunity pass you by - it won't last long in this market! Call today to learn more!
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DETAILED INFORMATION
Location
Fincastle, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
20
Facilities
Hood system Under counter grease traps x2 Six burner stove Flat top Three compartment sink x3 Commercial toaster oven Microwave Hobart mixer Blenders x4 Miscellaneous shelving x7 Prep tables x2 Sheet pan racks x2 Scales x3 Espresso machine Ice cream machine Convection oven x4 Display case x2 Tomato dicer Walk in freezer Glass door reach in cooler x3 Reach in freezer Under counter cooler x5 Regular refrigerator x2 Deep freezer Heat lamp Steam well x3 Dough roller Hobart buffalo chopper Propane heaters x4 Beachcraft Bonanza airplane converted to back bar and liquor display Custom bar tops x2 Wine cooler Outdoor couch Firetable Custom made wing lights x2 Hand sinks x2 Service carts x2 Generator Ceiling fans x4 Dome lights x10 Ice machnes x3 Freezer chest Industrial tea maker Coffee urns x2 Dining tables x25 Chairs x84 Ice wells x3 Sound system Clover POS x3 Bar stools x14 Security system and cameras Liquor cage Flat screen TV High chairs x2 Booster seats x2 Trash receptacles x11 Utility cart Dehumidifiers x2 AC units x2 Glassware serving ware stemware Cooking utensils pots pans Custom deck awnings Signage Miscellaneous decor
Competition
Unique, upscale dining in a historical setting, Close proximity to large metropolitan area. Major construction project in near future will increase traffic significantly.
Growth & Expansion
Well-suited to offer morning coffee and light breakfast. Potential to add lunch service and/or catering.
Support & Training
Negotiable
Reason for Selling
Other
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Don
Williams
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Don Williams