Business for sale
Confidential address, Ironwood, Richmond
$748,000
Features
Floor Area
3,062 sqft
Building Type
Freestanding, Mixed Use, Strip Mall
Zoning
RAM1, CN, CP2
Major Business Type
Food & Beverage
Minor Business Type
FB - Restaurant
Business Name "doing business as"
Sector 7 Kitchen + Bar
Business Operating Since
2022
Confidentiality Agreement Required
Yes
Description
An exceptional opportunity to acquire a thriving restaurant and bar in Richmond’s vibrant arts and culture district. Spanning approximately 3,062 SQFT, this turnkey operation offers a unique dining experience w/ quality cuisine, artistic ambiance, & community engagement. The business also makes significant revenue from private events, boosting profitability. The property is leased w/ just over 6 mnths remaining & two 5-year renewal options. The first renewal set for April 2026 has already been negotiated, with an additional renewal period after that, and a non-demo clause included to protect the leasehold interest. This provides stability and growth potential. Buyer also has the first right of refusal to purchase the building. Located in the same building is a busy liquor store. This is a rare chance to acquire a well-established venue with strong community ties, a dedicated clientele, & a reputation for excellence—perfect for restaurateurs or investors seeking a vibrant business in a dynamic location.
MLS® Number C8071768