BUSINESS FOR SALE, NOT A REAL ESTATE TRANSACTION
$215,000 — Asking Price
Location: City of Richmond, VA
BUSINESS OVERVIEW:
Established sports bar in high-growth Southside Richmond neighborhood. Proven business model with nearly decade of successful operation, including smooth ownership transition in 2023. Current ownership driving strong growth with business on track to break $1 million in 2025 sales.
FINANCIAL SNAPSHOT:
- Annual Sales: Approaching $1M in 2025
- Established: 2016 (9 years operating history)
- Current Ownership: 2 years, continuing growth trajectory
- Revenue Model: Three distinct dayparts create stability and consistent cash flow
REVENUE DRIVERS:
Lunch Business: Office workers from surrounding area provide weekday volume
Happy Hour: After-work professionals, daily specials drive 3-7pm traffic
Evening/Weekend: Residential neighborhood provides consistent night and weekend business
This triple-revenue approach reduces risk and creates predictable cash flow throughout the week.
COMPETITIVE ADVANTAGES:
Location: Positioned in rapidly developing area with major residential growth. New apartment complexes and continued construction ensure expanding customer base.
Outdoor Space: Substantial patio seating provides capacity competitors lack. Extends revenue seasons and creates differentiation.
Infrastructure: Fully equipped kitchen, 14 TVs with sports packages, complete bar setup. Turn-key operation ready for experienced operator.
Reputation: Strong online reviews and neighborhood loyalty. Known for quality food execution and consistent service.
OPERATIONS:
- Full bar with beer, wine, cocktails
- Proven food menu with strong reputation
- Delivery/takeout capabilities through established platforms
- Trained staff and documented procedures
- Established vendor relationships with favorable terms
- Daily specials and promotions that drive traffic
GROWTH OPPORTUNITIES:
- Catering: Largely untapped revenue stream
- Private Events: Space and infrastructure support expanded event business
- Owner-Operator Model: Reduce management overhead while increasing hands-on presence
- Neighborhood Density: Continued residential development expands customer base organically
LOCATION CONTEXT:
Southside Richmond neighborhood experiencing significant transformation. Close proximity to Downtown Richmond. Walking distance to major apartment developments. Surrounded by office buildings and residential growth. Development pipeline ensures continued expansion of potential customer base.
IDEAL BUYER:
- Experienced restaurant/bar operator
- Sports bar specialist seeking proven concept
- Hospitality entrepreneur with operational background
- Owner-operator who can work in the business
WHY THIS WORKS:
This is a profitable, growing business – not a turnaround situation. The successful 2023 ownership transition demonstrates transferability. The business benefits from neighborhood loyalty rather than destination traffic, creating recurring revenue and stability. Strong current performance combined with significant growth potential in expanding neighborhood.
CONFIDENTIALITY:
Confidential listing. Business name and specific location disclosed to qualified buyers after NDA execution. Complete financials available to serious inquiries.
NEXT STEPS:
Contact listing broker for confidential business summary and financial documentation.
Stock photo from Unsplash
| City: | Richmond |
| State: | VA |