Carytown Restaurant

Richmond, VA (Henrico County)

Signature Restaurant in Richmond
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Asking Price: $249,500

Cash Flow: N/A

Gross Revenue: $720,000

EBITDA: N/A

FF&E: N/A

Inventory: $6,000*

Real Estate: N/A

Established: 2006

*not included in asking price.

Carytown Restaurant

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Business Description

Carytown Restaurant

Established Restaurant with live entertainment. Owner needs to retire. Establish over 20 years ago. Historic image. Great bar. Good food Live Bands. Seats 54 customers inside with Outside Patio seating 24 Dinner only Monday thru Friday 3:00 PM thru 2:00 AM Saturday and Sunday 11:00 AM thru 2:00 AM (Brunch Menu) Blur Plate Menu. Known for its Chili and Cincinnati Spaghetti and Generous Sandwiches Has ABC License for Mixed Beverage, Beer & Wine. Favorable Lease terms. Corporate License which can be transferred including the Alcohol privileges.

Detailed Information

Location:
Richmond, VA
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
2,000
Employees:
13
Facilities:
Historic Neighborhood style. Regular customers. Very active with live Entertainment. Known for its Chili and Cincinnati Spaghetti Excellent Sandwich Menu
Competition:
In this area of Richmond, Virginia there are other restaurants, bars and eating establishments. This is normal. Very active area Walking distance to Fan, Boulevard and Carytown residential.
Growth & Expansion:
Hours could be expanded to provide Lunch. Has not been marketed for several years. Looks a little tired but Classic Architecture.
Support & Training:
Owner will assist with Training. Very loyal Staff. Expect Staff will stay if Buyer wishes
Reason for Selling:
Been in business for over 20 years. Looking to retire. Some Health issues.
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Bedros Bandazian

Business Listed By:
Bedros Bandazian

Bandazian & Co. Inc.

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Sponsoring Broker:
Raffi Bandazian

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