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Chester, VA

  • Listing No.: 201-10040

  • Category: Bar/Liquor, Food - Restaurant

Asking Price $125,000.00
Down Payment
Gross Revenue $234,803.00
Total Adjusted Net Income $51,468.00
Equipment / Fixtures $98,891.92
Year Established 2016
General Location Chester, VA
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Fully Staffed, Well Managed, Great Local Clients, and Local and National CRAFT BEER. This is an opportunity to step into a well-run local's restaurant and bar. More than a man cave, this one can make you money. 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.

Gross Revenue $234,803.00 Listed Price $125,000.00
Total Income $51,468.00 Down Payment
Base Rent $1,538.63 Square Feet 1240
Total Rent $1,745.30 Lease Expiration 7/2019
Rent Deposit $1,370.20 Lease Options Two / Three years
Inventory $4,000.00 Leasehold Improvements $65,000
Equipment / Fixtures $98,891.92 Other Assets
Full-Time Employees 2 Training Period Two Weeks
Part-Time Employees 5 Special License Required Beer, Wine, and Liquor
Contract Staff Reason for Selling Other business interest

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.