businesses for sale


Bar & Grill - Night Spot for sale

Location: Salem, Virginia

Category: Restaurants for sale

Asking price: $245,000.00

Description of the business for sale
This is a thriving business housing one of, if not the, largest regular venue for live entertainment serving alcohol in the Roanoke Valley. Bands are booked into 2008 that pack the house on Friday & Saturday nights, new promotions are attracting midweek crowd & parties are booked for the holidays. 3 pool tables and several other game machines provide significant additional cash flow along with a brisk food business.

Support / Training provided by seller
Current owner will provide 30 days of training/support. ABC license is transferable to new owners.

Description of the facilities
This is a large facility - 9800 sq ft - with a current capacity of 450 that can be expanded to 600. There are two bars & satelite bar, stage and large area for dancing, outstanding sound system valued at $12,000+ and several TV screens.
Large parking lot is next to building and building location next to woods and stream could provide great setting for outdoor deck/seating.

  • By phone: 540-389-7354
  • Ask for: Allan Fasnacht

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Business details

Conner and Eanes Business Brokers Inc.
Roanoke, VA
Broker Co-op? yes

Listing Id: 82961
Reference Id: 110
Year established: 2005
Employees: 5

Asking Price: $245,000.00
Revenue: $400,000.00
Annual Net: $195,000.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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businesses for sale