Price adjustment LOCAL Hot spot semi absentee owner

Chester, VA (Chesterfield County)

Seller Financing Available
Price adjustment LOCAL Hot spot semi absentee owner
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Asking Price: $105,000

Cash Flow: N/A

Gross Revenue: $234,803


FF&E: $98,892

Inventory: $4,000

Rent: $1,745.30 /Month

Established: 2016

Price adjustment LOCAL Hot spot semi absentee owner

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Business Description

Price reduced for quick sale. restaurant is MAKING MORE MONEY than they are asking for it. Owner is relocating. Fully Staffed, Well Managed, Great Local Clients, and Local and National CRAFT BEER. This restaurant is currently run with a absentee owner and is growing.This is an opportunity to step into a well-run local's restaurant and bar. More than a man cave, this one makes you money. Income revenue keeps going up every quarter. This established restaurant offers live music, 20 plus craft beers on tap, full bar and great food. Open for lunch and dinner with daily and weekly food and drink specials. Live acoustic musicians every Saturday night throughout the year.

Detailed Information

Chester, VA
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
2FT, 5PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is a leased location of 1,240 square feet with a Total Monthly Rent of $1,745.30. Lease ends 7/2019 with Two 3 year options. Hours of operation are Mon to Wed 3:30-10:30, Thurs 12-10:30, Fri & Sat 12-11, and Sun 12-9 with 2 full time and 5 part time employees. A Beer, Wine, and Liquor License is required. $4,000 in Inventory, $98,891.92 in FF&E, and $65,000 in Leasehold Improvements included in Asking Price.
Support & Training:
Two weeks
Reason for Selling:
Other business interest
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(from currently available funds)
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William Griswold

Business Listed By:
William Griswold

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