Restaurants in Virginia available for sale
Turn Key Restaurants For Sale

Turn Key Restaurants for Sale in Virginia, USA

More details for 618 N 1st St, Richmond, VA - Retail for Sale

Turn Key Restaurant Owner/Occupant! - 618 N 1st St

Richmond, VA 23219

  • Turn Key Restaurant
  • Retail for Sale
  • $955,507 CAD
  • 2,667 SF

Richmond Retail for Sale - North Broad

Positioned in the heart of Jackson Ward–one of Richmond’s most historic and culturally vibrant neighborhoods–618 N 1st St is a fully renovated two-story mixed-use duplex which offers a rare opportunity to own a proven, turn-key hospitality asset. The ground floor features an approximately 1,200 SF restaurant space outfitted with a full commercial kitchen, including hood system, walk-in refrigeration, bar, and existing equipment, allowing for a seamless transition for a new operator. Complementing the interior is a lovely 450 SF outdoor patio, with the flexibility to be enclosed for year-round use as well as 3 off street parking spaces. The property boasts a strong operational pedigree, having previously housed two highly regarded, upscale dining concepts, underscoring its viability as a premier restaurant location. The second floor consists of a well-appointed 1,200 SF two-bedroom, one-bath apartment, offering versatile utility as an owner’s residence, executive office, or employee housing—an increasingly valuable amenity for restaurant operators. Both levels underwent comprehensive renovation approximately 10 years ago, blending historic character with modern functionality. Historically leased to a single tenant for operational efficiency, the property works well either as a single tenant or multi-tenant investment. This is a compelling opportunity for an owner-operator or investor seeking a distinctive, income-producing asset in one of Richmond’s most dynamic urban districts.

Contact:

One South Commercial

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-05-11

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More details for 2700 Hampton Blvd, Norfolk, VA - Retail for Sale

District Taco - 2700 Hampton Blvd

Norfolk, VA 23517

  • Turn Key Restaurant
  • Retail for Sale
  • $2,715,289 CAD
  • 2,872 SF
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More details for 11669 Lee Hwy, Sperryville, VA - Retail for Sale

Sperryville Trading - 11669 Lee Hwy

Sperryville, VA 22740

  • Turn Key Restaurant
  • Retail for Sale
  • $1,134,235 CAD
  • 4,800 SF

Sperryville Retail for Sale - Rappahannock County

A tremendous opportunity for the keen-eyed investor or food operator. This 4,800 square foot, turn-key commercial property offers a fully equipped restaurant along with multiple additional commercial units, providing excellent potential for diversified rental income. The entire facility was comprehensively renovated in 2017 and has been meticulously maintained since.  Further, the location is perfectly positioned on the busy Rte 211 which sees in excess of over 2 million vehicles annually. Inside, the property features a well-appointed 700 square foot commercial kitchen with all equipment included—from stainless steel appliances to shelving, smallwares, napkins, and service items. Simply turn on the lights, fire up the stoves, and begin serving guests in the 1,100 square foot dining room, complemented by a 700 square foot front dining deck. The restaurant accommodates approximately 50 patrons and includes bright spacious, modern men’s and women’s restrooms. Outdoors, a generous covered porch provides seating for an additional 30+ dining guests. The property boasts the second-largest paved parking lot in Sperryville, offering space for 20+ vehicles. The site also includes a valuable grandfathered billboard sign—an entitlement that would be un-buildable under today’s zoning regulations. Mechanically the building has been completely modernized to include all new HVAC, plumbing, electrical, fire suppression and propane lines- all backed up by retained building permits and maintenance records.  The property is served by private well, public sewer, electric & propane heat and comcast internet. Documentation available upon request: P&L for past food service operations, appraisals and surveys. Property Highlights: Highly Visible Positioning on Rte 211 Corridor (2 Million vehicles annually) Sits on 3.35 acres zoned Highway Commercial. 4,824 gross building sq. ft. total. 1,800 sq. ft. restaurant space with all equipment included. Built in 1975 and renovated in 2017. Priced well below 2021 appraisal.

Contact:

Cheri Woodard Realty

Property Subtype:

Restaurant

Date on Market:

2026-01-16

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More details for 11883 Jefferson Ave, Newport News, VA - Retail for Sale

Sushi King - 11883 Jefferson Ave

Newport News, VA 23606

  • Turn Key Restaurant
  • Retail for Sale
  • $3,643,300 CAD
  • 10,684 SF
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More details for 16092 W Colonial Trail Hwy, Crewe, VA - Retail for Sale

16092 W Colonial Trail Hwy

Crewe, VA 23930

  • Turn Key Restaurant
  • Retail for Sale
  • $2,337,211 CAD
  • 7,008 SF

Crewe Retail for Sale

Positioned along a well-traveled corridor in Crewe, Virginia, this unique offering at 16092 W. Colonial Trail Highway combines a fully equipped restaurant with a stabilized self-storage income stream. The restaurant is turn-key and ready for immediate operation, featuring a full bar, banquet hall, and outdoor patio. Recent capital improvements include a new roof, HVAC system, and updated furniture, fixtures, and equipment, minimizing upfront investment for a new operator. The property sits as an outparcel to a recently renovated motel, offering built-in visibility and potential cross-traffic. With 8,800 vehicles passing daily on W. Colonial Trail Highway and proximity to local landmarks such as the Crewe Railroad Museum and Crewe Primary School, the site benefits from consistent exposure and community engagement. In addition to the restaurant, the property includes 14 adjacent self-storage units that are fully occupied, providing passive income with minimal landlord oversight. This dual-use configuration offers both operational upside and investment stability, making it ideal for owner-operators or investors seeking a hybrid asset. Demographics within a 10-mile radius show a population of nearly 14,000 with average household incomes exceeding $85,000, supporting both dining and storage demand. The property’s layout and location also allow for future expansion, including breakfast service or evening bar offerings.

Contact:

Commonwealth Commercial Partners

Property Subtype:

Restaurant

Date on Market:

2025-08-12

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More details for 6810 Richmond Rd, Williamsburg, VA - Retail for Sale

6810 Richmond Rd

Williamsburg, VA 23188

  • Turn Key Restaurant
  • Retail for Sale
  • $2,045,747 CAD
  • 4,647 SF
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More details for 1019 Jefferson St, Lynchburg, VA - Retail for Sale

Downtown Riverfront Restaurant Facility - 1019 Jefferson St

Lynchburg, VA 24504

  • Turn Key Restaurant
  • Retail for Sale
  • $1,718,538 CAD
  • 3,880 SF
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More details for 674 Teresa, Roanoke, VA - Retail for Sale

Turnkey Restaurant Opportunity - 674 Teresa

Roanoke, VA 24019

  • Turn Key Restaurant
  • Retail for Sale
  • $1,168,606 CAD
  • 1,836 SF
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More details for 2601 Prince William Pky, Woodbridge, VA - Retail for Sale

Smokey Bones Barbeque & Grill - 2601 Prince William Pky

Woodbridge, VA 22192

  • Turn Key Restaurant
  • Retail for Sale
  • Price Upon Request
  • 5,226 SF
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More details for 7 N 17th St, Richmond, VA - Retail for Sale

7 N 17th St

Richmond, VA 23219

  • Turn Key Restaurant
  • Retail for Sale
  • Price Upon Request
  • 2,312 SF
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More details for 5101 Center St, Williamsburg, VA - Retail for Sale

5101 Center St

Williamsburg, VA 23188

  • Turn Key Restaurant
  • Retail for Sale
  • $2,337,211 CAD
  • 5,204 SF
  • 1 Unit Available
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More details for Legend Brewing Co – for Sale, Richmond, VA

Legend Brewing Co

  • Turn Key Restaurant
  • Mixed Types for Sale
  • $5,114,368 CAD
  • 2 Properties | Mixed Types
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More details for 9104 Starling Creek Rd, Saxis, VA - Retail for Sale

9104 Starling Creek Rd

Saxis, VA 23427

  • Turn Key Restaurant
  • Retail for Sale
  • $687,415 CAD
  • 1,650 SF
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Turn Key Restaurants For Sale

Turn Key Restaurants

A turn key restaurant is in its simplest definition is an existing restaurant business that is bought and paid for, ready to open or continue its operations. So why would anyone want to invest in a turn key restaurant?  There are several reasons they make sense for investors.

  1. Turn Key Restaurant Businesses Are Less Risky Than Starting From Scratch

    Every business has risks and investing in turn key restaurants can be a good way to mitigate a few of them. When you buy an existing business, you are paying for the right to run it as the current owner does. By contrast, when you start from scratch you have no track record to use as a measure of success or failure.
  2. Turn Key Restaurants Mean You Can Start Up Quickly And Focus On The Business

    The faster you can get your new business open the better. Turn key restaurant businesses are attractive because they have everything in place for you when it is time to open up shop.  This means that all the work of finding a location, getting financing, hiring staff and buying the equipment for your business are handled by the seller.  This gives you time to focus on building a customer base rather than spending weeks or even months doing work that has nothing to do with running your business.
  3. Turn Key Restaurants Give Investors The Chance To Make More Money Than Starting From Scratch

    Once you have your business running you will have to keep it going or else lose money and the chance to ever make money at all.  This is not true with a turn key restaurant.  The restaurant is up and running so there are no start up costs for the new owner, just some minor expenses like licensing fees that need to be paid but not the expenses of buying all your business equipment.  This means that you have a few ways to make more money with less investment than if you bought a restaurant from scratch.

What should I look for in a turn-key restaurant?

While the turn key restaurant market has a lot of gems for potential investors, it is still important to remember that you are investing in a business. To make sure you get the best return on your investment, pay attention to these three things:

  • Location Is Everything

    Just like any other business, location is important when you buy a restaurant. Where your turn key restaurant is located can have a huge impact on how successful it will be. When choosing an area look at the population density and look for areas where there is demand for restaurants.

  • What Kind of Restaurant Are You Investing In?

    A restaurant's concept and niche is also a major consideration when choosing where to invest your money.  Your turn key restaurant should match the needs of the area you are investing in.  This means that not all restaurants will have equal success, especially if they don't meet people's expectations. Make sure you choose a restaurant that will be able to suit your area and get repeat customers.
  • Is It a fully equipped restaurant?

    It is important that the turn key restaurant you choose has everything in place to run.  If there are missing pieces or need for renovations, this could cost you more money down the line and make managing your business much harder too.  Make sure the equipment is ready to go in proper working order. Really take the time to look around, and make sure you do proper due diligence inspecting the condition of your turn key restaurant.
  • Is it a profitable restaurant?

    Understand that just because the restaurant is profitable does not mean it will be for you. When you buy a turn key business, anything that affects profit in your area also impacts the business.  Make sure to evaluate whether or not there are factors going on in the area that would have an impact on sales. Ensure that you have a CPA or similar look at the books of your turn key business so that you have a realistic idea of what the profits could be for you down the line. Examine the competition to understand future growth issues. Some areas are going to have more competition than others. If you buy a restaurant and soon after open another one opens up across the street this can make it harder to stay in business, especially in the short term. The key to getting a good return on your investment into a turn key restaurant. it can be hard to succeed if you buy a business that isn't making money in its current state, so ensure you have a strong business and marketing plan in place.
  • Is It Really a Turn Key Restaurant?

    The best way to make sure that the business is turn key is by researching every facet of it.  You should read any books or manuals about running the business, interview current employees, contact former owners, speak with customers and do anything else you can to get a full picture of what you are buying.  You don't want to find out that the business is not as turn key as you thought after you've paid for it.

Investing in turn-key restaurants can be a lucrative, low-risk way to get into the restaurant industry.

 

Looking to lease a Turn Key Restaurant? View Turn Key Restaurants for lease