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Charlottesville, VA

  • Listing No.: 201-10036

  • Category: Food - Restaurant

Asking Price $139,000.00
Down Payment $100,000.00
Gross Revenue $539,997.66
Total Adjusted Net Income $17,404.00
Equipment / Fixtures $90,000.00
Year Established
General Location Charlottesville, VA
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New price reduction The owner is eager to sell. An upbeat restaurant and bar with a reputation for its authentic food and beer! This pub is located in Charlottesville's busy shopping district and offers the chance at instant success by taking on a well known business in the area. The cozy 1900 square feet space includes an area for live music and outside seating. Owner willing to train new buyer and also offering financing on a  portion of the purchase price.

Gross Revenue $539,997.66 Listed Price $139,000.00
Total Income $17,404.00 Down Payment $100,000.00
Base Rent $3,200.00 Square Feet 1900
Total Rent $3,300.00 Lease Expiration 6/2022
Rent Deposit $3,000.00 Lease Options
Inventory $4,000.00 Leasehold Improvements $6,000
Equipment / Fixtures $90,000.00 Other Assets
Full-Time Employees 4 Training Period 3 weeks
Part-Time Employees 5 Special License Required Liquor, Health Permit
Contract Staff Reason for Selling Would like to pursue other opportunities

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.