Established Restaurant and Bar in Affluent Area of Chesterfield

Chester, VA
Bar and Restaurant
Asking Price:$98,000
Inventory:$23,000
FF&E:$75,000
Gross Revenue:$600,000
Rent:$13,000/Month
Established Year:2021
BUSINESS DESCRIPTION

Owner is absentee and looking for a quick sale. Great opportunity for a franchise or owner looking to expand into Chesterfield.

Included:
All furniture, fixtures, and equipment.
All inventory except liquor.
Liquor sold separately.
Recipe Book.

Owner willing to provide an ABC COOP for new owner.
Employees willing to stay on for new owner.

Staff:
General Manager
4 Kitchen Staff
5 Bartenders
5 Servers

Has a Beer/Wine Liquor License: Yes
Has plenty of public parking: Yes
Has an active lease: Yes
Has a website: Yes
Has online ordering: Yes
Has delivery services: Yes
Has positive reviews: Yes


For more information:
Must submit NDA and Buyers Intake Form.
Visit: www.riverhillrealtors.com/offerings to complete NDA and Buyers Intake Form


DETAILED INFORMATION
Location
Chester, VA
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
01/09/2026
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located around shopping, neighborhoods, hotels, and direct access to interstates. Plenty of public parking.
Competition
Affluent area with average annual salary of $100,000 or more. Located within driving distance of several restaurants, bars, breweries, winery, and large opportunity zone.
Growth & Expansion
Plenty of space to redesign that will potentially bring you more customers. Located near several opportunity zones that cater to franchises and second generation restaurants.
Support & Training
2 weeks of training. Employees will stay on.
Reason for Selling
Focus on expanding operations to other areas in Virginia

BUSINESS LOCATION
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Lanayah
McCullouch
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Lanayah McCullouch