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- RE: Historic Inn And Restaurant For Sale With Real Estate Central Va
- Contact: Don Williams
Quick Facts
| Asking Price: | $2,200,000 | |
| Annual Revenue: | $2,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $300,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1989 | |
| Employees: | 10 | |
| BBN Listing #: | 1009005 | |
| Broker Reference #: | 36413 |
Business Overview:
Step into a once-in-a-generation opportunity to own a historic Inn and Restaurant for Sale with Real Estate in the heart of Central Virginia, now offered as a turnkey operation with real estate at $2,200,000. The Lafayette Inn & Restaurant, prominently located on Main Street in Stanardsville, VA, is a circa 1840 Federal-style landmark blending timeless architecture with a proven hospitality concept and strong upside potential.
This unique offering features approximately 8,900 square feet across multiple structures, including the main building, a side building dating to 1820, and the iconic Dicey's Cottage. The Restaurant for Sale with Real Estate includes six fully furnished guest suites with private baths and modern amenities, along with a fine dining restaurant featuring a 40-seat dining room and a 24-seat tavern supported by a fully equipped commercial kitchen, walk-in refrigeration, and established systems including POS and online ordering.
With more than 30 years of continuous restaurant operation and over two decades under current ownership, this Inn and Restaurant for Sale with Real Estate has built a loyal following, strong reputation, and a database of more than 10,000 guests. Recognition includes TripAdvisor, OpenTable, and the Virginia Food & Wine Society, reinforcing its status as a destination dining experience.
What sets this Restaurant for Sale with Real Estate apart is the untapped potential. The current owners have intentionally operated at a reduced pace, limiting restaurant hours primarily to inn guests and private events while taking extended time off annually. This creates immediate upside by expanding hours, opening dining to the public, increasing marketing, and leveraging existing demand. Hundreds of room nights have been left unbooked, and the restaurant currently operates below full capacity.
The location further enhances the opportunity. Positioned just north of Charlottesville and near the Blue Ridge Mountains, the Restaurant for Sale with Real Estate benefits from strong tourism drivers including Skyline Drive, wineries, universities, and major resorts. In addition, local growth is underway with 600 new homes nearby and a planned 140-site glamping resort expected to drive additional traffic and demand.
Offered as a complete turnkey package, including real estate and existing reservations, this is a rare chance to acquire a historic, income-producing asset with multiple revenue streams and immediate growth potential. The current ownership is ready to retire, creating an ideal transition opportunity for an experienced operator.
Opportunities combining history, hospitality, real estate, and scalability at this level are exceptionally rare. Owner financing is available and We Sell Restaurants has lenders ready to assist qualified buyers. Inquire today for more information.
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Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Six fully furnished suites
40 seat dining room with two gas fireplaces
24 seat tavern with electric fireplace
Large commercial kitchen details upon request
Walk in freezer
Walk in cooler
Toast POS system
Custom made wine rack
Dry storage garage
All utensils serving ware flatware cookware
Wine beer liquor inventory
Market Competition and Expansion:
Little local competition, high growth area, tourist/travel destination
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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