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Historic pub and tavern restaurant for sale

Charlottesville, VA (Albemarle County)

Seller Financing Available
Historic pub and tavern restaurant for sale

Asking Price:$598,000

Cash Flow:$207,727

Gross Revenue:$1,800,000

EBITDA:N/A

FF&E:$195,000

Inventory:$35,000

Lease Rate:N/A /SF

Established:N/A

Historic pub and tavern restaurant for sale

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Business Description

old style tavern atmosphere and very good food

After two grueling years of full restoration of a 107 year old historical structure the doors opened on June 18, 2012 revealing
an old style pub tavern atmosphere and very good food with sales of $1.8MM
Patio dining for up to 40 guests; our dining room features lower level and upper level dining for up to 80 guests; our bar area can accommodate 75 guests; our upper level banquet hall can accommodate up to 80 and a pleasant sunroom for 10-15 people. Our menu features American cuisine with appetizers, salads, sandwiches, entrees, and daily and nightly specials. Our bar is a full-service bar and features 7 large screen televisions.
Located in a historical, wonderful town and the surrounding counties with diverse population continue to make this business fruitful.

All Furniture, fixtures, equipment, and infrastructure are 5 years old or less.

Financing available for well qualified buyer

Brokers welcomed

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
200000 available for well qualified buyer
Support & Training:
6 weeks
Reason for Selling:
change

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Lex Meredith

Business Listed By:
Lex Meredith

Transworld Business Advisors

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