Incredible Williamsburg Sports Bar for Sale ? $1.1 Million in Sales

Williamsburg, VA
listing image
Asking Price:$225,000
Rent:$14,266/Month
Gross Revenue:$952,037
Established Year:7
BUSINESS DESCRIPTION

Discover an incredible opportunity to own a thriving business with this Sports Bar for Sale in Williamsburg, Virginia. More than just a bar or restaurant—it's a versatile event space and dining destination that's on track to generate nearly $1 million in sales this year, and exceeded $1.1 Million in 2023. Remarkably low price of just $225,000, makes it an absolute steal! With a full liquor license and top-notch buildout and equipment already in place, this venue is ready for a new owner to step in and take it to new heights.
The term "Sports Bar for Sale" doesn't fully capture the essence of this opportunity. This establishment is far more than just a bar—it's a full-service restaurant, bar, and event venue designed to host almost any type of gathering. With its popularity and versatility, it stands out as a prime destination in the community.
Located in one of the most desirable areas of Williamsburg, this Sports Bar for Sale has demonstrated consistent sales year after year. The prime location draws a high volume of traffic and is situated near popular attractions like Busch Gardens, Water Country USA, and the Historic Triangle, which includes Williamsburg, Jamestown, and Yorktown. With over 6-8 million visitors to Williamsburg annually and more than 800 apartments and condos within a quarter-mile radius, the potential for increased revenue is enormous. The Restaurant Brokers at We Sell Restaurants are excited to present such a valuable opportunity to the market.
Buying this existing Sports Bar for Sale means acquiring a business that is already generating nearly $1 million in annual sales at a fraction of the cost of a new build-out. With a hands-on owner/operator, the sky is truly the limit for this exceptional property. The current operating hours are from 11:00 AM to 10:00 PM, but there's ample flexibility to adjust these hours to maximize profitability. This Sports Bar for Sale is ideally suited for a dedicated operator who can optimize costs, extend operating hours, and drive sales with a strong ownership presence.
The unique buildout and concept of this Sports Bar for Sale is a major selling point. Spanning 10,700 square feet, the venue can accommodate 200 guests indoors. The rent is an attractive $14,266.06 per month, including all CAMS and taxes, which also cover water and trash services. This rate is well below market value, offering significant savings. The fully equipped commercial kitchen features a long hood and top-of-the-line appliances, ensuring a seamless transition for the new owner.
The menu at this Sports Bar for Sale has been thoughtfully developed by the current owners, featuring a diverse range of dishes that have become local favorites. New owners will have the creative freedom to introduce new menu items or maintain the current offerings. The business also holds a Full Liquor License, allowing it to serve liquor, beer, and wine. All recipes will transfer with the sale, ensuring continuity for the loyal customer base.
Additionally, buyers with a credit score of 680 or higher may qualify for unsecured lending through our lender resources. Contact us today to learn more about this incredible Sports Bar for Sale and take the first step towards owning a profitable, multi-faceted business in a prime Williamsburg location.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Williamsburg, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
10,700
Lease Expiration
31/05/2037
Employees
24
Facilities
12 Bar Stools 38 Bar stools 8 High Chairs Booster Seats Office Chairs Printers Office Computer Chef Desk Hostess Stand Lighting Outdoor fire pit patio furniture safe retail isplay case Smallwares Logo in Lights 10 30x30 dining tables 13 60x27 dining tables 3 event room 30x30 tables 4 single booths 8 dining tables 18 x 30 6 Dining tables 48x27 8 double booths 9 dining tables 30x30 hot food table 3 word tables community table waiting area bench Walk in beer cooler walk in refrigerator and freezer automatic screens 3 back bar cabinet fridge 3 fryers 2 drawer refrigerator bar blender charbroiler chef base refrigerator countertop griddle deli equipment dish rack and dolly food processor food storage and prep equipment foodwarmer food storage prep table foodwarmer glass chiller bev cooler combie oven reach in freezer reach in refrigerator salamander broiler sandwich unit sunfire range televisions toaster pos toast system POS system Other items that can be disclosed after Confidentiality Acknowledgement signed
Competition
Busch Gardens, Water Country, Historic Triangle (Williamsburg, Jamestown and Yorktown)
Growth & Expansion
6-8 million visitors to Williamsburg annually, over 800 apartment and condos within a quarter mile of the restaurant and revenue is increasing each month with the economy rebounding.
Support & Training
Toast POS and HD Golf Simulator use and maintenance. All trainers live in the local area and will be made available.
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Robin
Gagnon
logo-img
Robin Gagnon