Upscale Chop House - Business for Sale
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Chop House Restaurant with Leasable Apartments in Hampton Roads, VA
Hampton Roads, VA, US
Added 21 days ago
Restaurant / Food & Beverage
A chop house restaurant with a 130-seat capacity and private dining area, located in Hampton Roads, VA, operating since 2011 with state-of-the-art kitchen and additional leasable apartments on the third floor.
Key Information
Asking
$450K
Revenue
$900K
Earnings
$180K
Multiple
2.5x
Key Highlights
- Business opened in June 2011
- Buildout in 2011 exceeded $1 million in cost
- 7,200 sq ft first floor and mezzanine; 5,000 sq ft first floor with 16' original tin ceiling
- 130 capacity with private dining area
- Third floor includes two apartments (2 and 3 bedroom) available for lease with private parking
- State of the art kitchen, wine cellar, POS, sound, and security systems; new kitchen equipment and refrigeration
Contact Info
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