Restaurant for Sale with Real Estate, Marina, Dock Bar, Cruise Boat!
Virginia Dare Cruises and Marina on Smith Mountain Lake, Moneta, Virginia
On NextCompany since September 10, 2026 (35 days)
Moneta, VA4 FT + 25 PT employees
Business overview
Virginia Dare Cruises and Marina operates on Smith Mountain Lake in Moneta, Virginia. The Virginia Dare replica sidewheeler hosts lunch, dinner, and sightseeing cruises. Portside Grill & Bar and the Beacon Pub serve lakeside meals to boaters and vacationers. The marina sells ethanol-free fuel and rents slips.
Indoor seating holds 50 guests in units of 2,970 and 1,485 square feet. The business employs 4 people full time and 25 people part time. Sales total $1,310,594 with $254,172 in cash flow. The $3,400,000 asking price includes the real estate.
Who is a good fit for this business
- Hospitality operators who want a restaurant, bar, and cruise boat with a working marina.
- Buyers who want a $3,400,000 purchase that includes the real estate.
- Planners seeking a lake cruise venue for weddings, corporate outings, and private charters.
- Operators who plan to add boat rentals, a retail shop, or cruise catering.
Details
Frequently Asked Questions
Virginia Dare Cruises and Marina combines a working marina with restaurant and bar venues. The Virginia Dare boat runs lunch cruises, dinner cruises, and sightseeing trips. Portside Grill & Bar and the Beacon Pub serve wings, sandwiches, and cold drinks. The property sits on Smith Mountain Lake in Moneta, Virginia.
The $3,400,000 asking price includes the real estate. Two units measure 2,970 square feet and 1,485 square feet. Indoor seating holds 50 guests. The property also hosts a small owner's apartment and office area.
The business reports $1,310,594 in sales and $254,172 in cash flow. Locals, vacationers, and live-aboard boaters feed seasonal traffic. Guests eat meals on board with full bar service during cruises. Dockside dining extends food and beverage service onto the shoreline.
The business employs 4 people full time. Twenty-five people work part time. Staff cover the marina, both dining venues, and the cruise boat. Visitors from Roanoke and Lynchburg come for fishing, boating, and lakefront vacations.
The marina sells pay-at-the-pump mid-grade fuel and ethanol-free fuel. Pump-out facilities serve boats at the docks. Slip rentals capture transient boaters and repeat dockage customers. Lakeside parking supports guests who arrive by car.