PRICE REDUCED-Historic pub and tavern restaurant for sale

Listing Number: 12451-87564


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 sun room 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

Listing Details

  • Price: $425,000
  • Down Payment: $425,000
  • Sellers Discretionary Earnings: $207,727
  • Total Sales: $1,800,000
  • Location: Albemarle, Virginia

  • Inventory: $35,000
  • FF&E: $195,000
  • Employees: 0
  • Reason for Selling: New non restaurant venture
  • Category: Liquor Related Biz