Upscale Casual Restaurant in Virginia Beach

Upscale Casual Restaurant in Virginia Beach

Upscale Casual Restaurant in Virginia Beach

    • Listing# : 19342
    • Listed Price : $425,000
    • Total Sales : $1,620,678
    • SIC : 5812
    • Down Payment : $42,500
    • Status : Active
    • Discretionary Earnings : $117,993

Business Type

Restaurants / American Restaurant

Business Description

Upscale Casual Restaurant in a High Traffic Area of Virginia Beach
Established for more than fifteen years, this highly rated, full service, upscale casual restaurant occupies a prime position in a busy Virginia Beach shopping center. Located minutes from either the Virginia Beach Oceanfront resort area or the sought after beaches of Sandbridge. It has become a go to destination for locals and visitors alike, a place where large groups, families, and couples gather for conversation, connection, and consistently excellent food. With over 1,700 Google reviews and a 4.6 star rating, the restaurant enjoys a loyal following and strong brand recognition.
Concept & Guest Experience
The restaurant offers a relaxed tavern atmosphere featuring American fare, a self serve wine station, and patio seating. The interior is thoughtfully designed with a warm, inviting aesthetic and a layout that supports both efficiency and ambiance. Key features include:
· Open flame fire deck oven
· Open kitchen concept
· Self serve wine station
· Covered and enclosed patio with unique seating options
· Seating for 100+ guests across approximately 3,000 sq. ft.
The build out is exceptional, with a distinctive design that reinforces the restaurant’s strong reputation and enhances the overall dining experience.
Performance & Operations
Annual revenue consistently exceeds $1.5 million, supported by a well structured operation and a seasoned team. Discretionary earnings surpass six figures, and the current staffing model allows the owner to focus on strategic oversight rather than daily operations. The business is truly turnkey, with systems, processes, and personnel in place to ensure continuity. A new owner can step in smoothly, and the current owner is committed to providing transition support.


Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:
    • Inventory: $14,000
    • Incl: Yes
    • Liabilities: $0
    • Incl:
    • FF&E: $48,749
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $42,452
    • Incl: Yes
    • Total Assets: $105,201
    • Incl: Yes

Get More Information

For inquiries or to get in touch with us directly, please feel free to reach out via the provided phone number or complete the form below. We’re here to assist you in any way we can, making your business exploration as seamless as possible.

David Chebalo

(757) 524-6032

Contact Listing Owner

Name (Required)

Email (Required)

Phone (Required)

Zip/Postal Code (Required)

Please waitPlease wait...

Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:
    • Inventory: $14,000
    • Incl: Yes
    • Liabilities: $0
    • Incl:
    • FF&E: $48,749
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $42,452
    • Incl: Yes
    • Total Assets: $105,201
    • Incl: Yes

EXPLORE MORE OPPORTUNITIES

Similar Listings You Might Like

Not quite what you’re looking for? Take a look at these similar listings that might pique your interest. Our diverse selection of businesses offers a variety of opportunities, so you can find the perfect match for your aspirations and investment goals. Your dream business could be just a click away.